View Single Post
Old 07-08-2024, 09:18 PM   #12
4 for Boating
Senior Member
 
Join Date: Jan 2006
Posts: 224
Thanks: 1
Thanked 38 Times in 26 Posts
Default Meredith

That must be a lot of insurance... Between an increased tax rate AND the reevaluation of waterfront land (nothing to do with the homes themselves but the lots/land) - some effective tax rates went up over 15%. In one year! Sort of ridiculous as I understand Y-O-Y increases but there should be an % cap each year.

With that type of tax pressure for what some use for only a few summer months > I suspect we will continue to see older family camps sold off - knocked down and larger homes costing in the millions continue. Sort of a rough cycle.
4 for Boating is offline   Reply With Quote