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Originally Posted by Paugus Bay Resident
It maybe semantics, but there is no view tax. The market value for a property with a view is, based on demand, higher than one without. Simple as that.
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The assessing companies make it seem like there are taxes for stuff like water front and view by the way they calculate market value. They don't have recent sales data for every house so they find a comparable house and apply formulas. Some of these adjust for number of bathrooms, bedrooms and square footage. But some adjust for waterfront, views and other desirable locations.
Saying we have a view tax is like saying we have a toilet tax.