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Old 05-04-2017, 11:09 AM   #1
Woodsy
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Major...

I do agree with Laconia needing to look at Municipal Spending.... In 2009 the tax rate was $16.97 per thousand/assessed value. In 2017 the rate is $22.20 per thousand/assessed value. The tax rate has gone up $5.23 over 8 years or approx. .65/per thousand/per year.

However... SD/LB doesn't pay any more than any other property in Laconia when it comes to funding the city's projects! I pay the same $22.20 per thousand you do!

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Old 05-04-2017, 11:46 AM   #2
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Default Taxes

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Major...

I do agree with Laconia needing to look at Municipal Spending.... In 2009 the tax rate was $16.97 per thousand/assessed value. In 2017 the rate is $22.20 per thousand/assessed value. The tax rate has gone up $5.23 over 8 years or approx. .65/per thousand/per year.

However... SD/LB doesn't pay any more than any other property in Laconia when it comes to funding the city's projects! I pay the same $22.20 per thousand you do!

Woodsy
How do you explain our tax increase of 59% in eight years when Laconia's tax rate went up 31%? I'll tell you why, they assess properties at SD/LB at a higher rate. The planning board and city counsel view SD/LB as a cash cow, and don't face any ramifications since most of its residents are not Laconia residents.
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Old 05-04-2017, 12:49 PM   #3
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No..... they do not assess SD/LB at a higher rate! Your property increased in value... The increase in value of the property, coupled with the increase in the tax rate gives you your 59%...

Go on the MLS and look.... the cheapest property for sale in SD/LB is a 1200 sq/ft condo for $235K. Not counting lots for sale.. I counted 12 properties that when averaged out (including the $235K property) equaled an average price of $436K... There are only 2 properties listed under $300K!

So while I am happy for you that you got in a good price... I don't feel bad for you or anyone else when your property increases in value!

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Old 05-04-2017, 01:58 PM   #4
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Default Taxes

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No..... they do not assess SD/LB at a higher rate! Your property increased in value... The increase in value of the property, coupled with the increase in the tax rate gives you your 59%...

Go on the MLS and look.... the cheapest property for sale in SD/LB is a 1200 sq/ft condo for $235K. Not counting lots for sale.. I counted 12 properties that when averaged out (including the $235K property) equaled an average price of $436K... There are only 2 properties listed under $300K!

So while I am happy for you that you got in a good price... I don't feel bad for you or anyone else when your property increases in value!

Woodsy
Respectfully disagree. Built the house in 2008, so there wasn't any past history to draw from. The first year of full assessment, 2009, our taxes were $8,000. Given the real estate market at that time, our assessments and taxes should have gone down. Instead, they systematically went up.

I grew up here, and I have friends and family who own homes throughout Laconia. Our home and my neighbors' homes in SD/LB are assessed close to what we might be able to sell them for. I follow Vision Appraisal, and from what I can tell, family and friends outside of SD/LB are assessed 70-75% of sale values. I can provide you many examples.

I get your point, but I think they have their thumb on the scale with respect to SD/LB. Just my opinion.
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Old 05-04-2017, 02:40 PM   #5
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Major...

The math is pretty simple....

In 2009 Laconia's tax rate was $16.97 per thousand assessed. So If you paid $8000 in taxes in 2009 your house was valued at approx. $471,500.
$8000/$16.97 = $471,420

In 2017 Laconia's tax rate is $22.20 per thousand assessed. So if your house value didn't change...
471.42 x 22.20 = $10,465.52 tax bill (31% increase)

So if your taxes have gone up 59% ($8000 x .59 = $4720) they jumped from $8000 to $12,720. So the difference lies in your appraised value.
$12,720/22.20 = $572,972 tax assessed value.... 21.5% increase in home value over the 8 years.

If you think you are being unfairly assessed, you should definitely appeal to the town... (I certainly would) My guess is with median average for sale in Southdown being $436K, you probably aren't going to win. Southdown/Long Bay is a victim of its own success.

PS... My condo in the Weirs is assessed at 90% value. Per the state laws.

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Old 05-04-2017, 07:55 PM   #6
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Default As I always say to folks....

that moves to Laconia and complain, there are plenty of estate to move elsewhere!

Laconia was here long before SD/LB. So don't go telling Laconia what they can or can not do!
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Old 05-05-2017, 06:36 AM   #7
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Default Sd/lb

Last time I checked, I am a resident of Laconia and have the same right as other residents to express my displeasure about City money going towards the WOW trail. Make no mistake, even if Federal and State (and private) monies are provided to construct the trail, Laconia will be obligated to pay for its maintenance.

My hope is that the WOW trail proponents take SD/LB's offer to re-route the WOW trail around the periphery of the development. Otherwise, it appears that the WOW trail will be wasting a lot of its capital in fighting the issue in court.
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Old 05-05-2017, 07:21 AM   #8
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Why should they re-route the trail around a development that was sold to the city with the rail trail as part of the plan?

The state owns the right of way.... Not SD/LB.

Why not work with the WOW trail to pick out a nice fencing option?

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Old 05-05-2017, 08:01 AM   #9
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The incentive for the proponents of the WOW trail to work with SD/LB is to avoid costly litigation. Who is right or wrong really has little impact on how disputes are resolved. (Things like monetary resources, stomach for litigation, etc., have as much influence on litigation results.) The proponents on the WOW trail can spend a lot of their capital on litigation to prove that it has the right of way, or instead work with the residents of SD/LB to re-route the trail. We'll see what happens. At the end of the day, whether the trail is built or not won't have a lot impact on my life. I just think it's a colossal waste of money.
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Old 05-05-2017, 08:18 AM   #10
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Quote:
Originally Posted by Major View Post
The incentive for the proponents of the WOW trail to work with SD/LB is to avoid costly litigation. Who is right or wrong really has little impact on how disputes are resolved. (Things like monetary resources, stomach for litigation, etc., have as much influence on litigation results.) The proponents on the WOW trail can spend a lot of their capital on litigation to prove that it has the right of way, or instead work with the residents of SD/LB to re-route the trail. We'll see what happens. At the end of the day, whether the trail is built or not won't have a lot impact on my life. I just think it's a colossal waste of money.
Sounds to me that you are saying that "Might makes right". Even if the WOW trail advocates are correct in that they have the proper clearance rights to build the trail, you are hoping to hit them with enough legal entanglements (costs) to stop them. Sounds like trail opponents are willing to expend a "colossal waste of money" to get their way, even if they are not in the right.
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Old 05-05-2017, 05:17 PM   #11
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Quote:
Originally Posted by Major View Post
The incentive for the proponents of the WOW trail to work with SD/LB is to avoid costly litigation. Who is right or wrong really has little impact on how disputes are resolved. (Things like monetary resources, stomach for litigation, etc., have as much influence on litigation results.) The proponents on the WOW trail can spend a lot of their capital on litigation to prove that it has the right of way, or instead work with the residents of SD/LB to re-route the trail.
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(unfortunately), that's how litigation works. It may be a colossal waste of money for the SD/LB owners, but spread across 600 units, the cost isn't that much. If the goal is to have a trail that people can enjoy, why can't the WOW trail folks consider re-routing the trail? It seems like a win-win.
What a disgusting group of "residents" at SD/LB.

If privacy was an issue, why on earth would you build/buy in a community such as SD/LB? It's not like they are building a highway around your home. It is a bike path/walking trail.

Instead of wasting money on litigation, BUILD A WALL. 30 feet high made of concrete should suffice!
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Old 05-05-2017, 06:10 PM   #12
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A review of the plan (Plan Book 141 Page 19) shows that SD does not own the land that the RR tracks are on and that it is owned by the State. The State has owned that land longer than SD has been in existence or even a dream. The SD plan would not show a proposed rail trail as it is not part of or on their property. Good luck fighting this - I think you will be donating your money to a very smart and savy attorney who will gladly take it off your hands, as much as you wish to waste.
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Old 05-05-2017, 08:24 PM   #13
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In a few years, you'll want to sell your property and the Realtor listing will brag that you are adjacent to the WOW trail.

As a separate issue if you think SD is over assessed, hire a professional to dispute the assessments. Businesses do this all the time, especially when there is no locally comparable business. There are professionals who do this on a commission basis.
You could also look at other tax rates around the state and realize that $22-23 may not be out of line for comparable cities/towns.
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Old 05-07-2017, 12:07 PM   #14
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Two points.

Phase 1 was paid for (100%?) by ARRA funding. Phase 2 had a substantial amount of TIF money ($400K+) dedicated to the revitalization of downtown Laconia, so that money did not come from the tax revenues as a whole, but from a special assessment paid by downtown properties. A significant amount of the funding for the WOW trail has come from private donations. Certainly the City has agreed to maintain the trail as a linear park. I'm not sure when Major has viewed the trail, but it is used considerably, by all kinds of people.

Second point. I have recently been on the Shining Sea Trail on Cape Cod. It abuts many residential properties. I will bet dollars to doughnuts that many or most of those abutters complained that the trail was going to destroy their privacy and lead to an increase in loitering and property crime. That didn't happen, in fact, just about every single property abutting the trail has it's own pathway that the owner has cut to access it.

My prediction is that SD/LB will be have a similar experience. They will use the trail for exercise and for access to downtown Laconia and the Weirs on a dedicated pedestrian-bicycle path without having to jump into their cars, like virtually every trail of this type that has been built.
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Old 05-07-2017, 04:39 PM   #15
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We owned in SDS for 10 years, most other owners I spoke with about the WOW trail over the years were not opposed to the trail itself so much as the stupid/ugly chainlink fence that comes with it.

A good number of South Down properties are rentals, and it is not really like there is strict security to get in the front gate, thus most owners there are not under the impression it is some private gilded oasis that is built to keep the general public away.

I think much of the concern is that the trail won't be maintained and will end up as more of an eyesore than something that is fully utilized.
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Old 05-07-2017, 05:25 PM   #16
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We owned in SDS for 10 years, most other owners I spoke with about the WOW trail over the years were not opposed to the trail itself so much as the stupid/ugly chainlink fence that comes with it.



A good number of South Down properties are rentals, and it is not really like there is strict security to get in the front gate, thus most owners there are not under the impression it is some private gilded oasis that is built to keep the general public away.



I think much of the concern is that the trail won't be maintained and will end up as more of an eyesore than something that is fully utilized.


I agree. I also owned in SD/LB for 10 years. Moving to Meredith Bay. many residents really have 3 concerns 1) security/ including use of the facility by non owners 2) property values 3) the fence


My feelings are over time the values will actually increase after an initial downturn, as long as the fence is esthetically pleasing with easy access to get to the on water amenities in the community and lastly especially in season the continue to monitor the beaches and pool as they are done now the WOW Trail will end up being a tremendous asset and selling point for the community.



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Old 05-08-2017, 06:16 AM   #17
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Default Fencing

Phase I does have a chain linked fence and the reason for that was federal safety rules and regulations as the track is considered active. Phase II has a combination pleasing metal picket fence and wood railing. This is due to changes in regulation result of feedback. I urge you to take a walk on Phase II and enjoy the new fences. Phase II connect to the Belmont Trail that brings you near Mosquito Bridge. I wonderful walk.

Belmont plans will eventually connect to the Tilton trail. From there the possibility of biking/hiking to Concord or Hanover is planned.

There is preliminary planning in Meredith about building a rail trail from downtown Meredith down to the Weirs. This is really exciting!
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Old 05-08-2017, 08:37 AM   #18
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Another thing to consider is the effect on wild life that can no longer reach the water. Even though there is much development on that shore, there is also a lot of woodland. The area around Pickerel Cove is mostly a large wooded area.
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Old 05-10-2017, 11:27 AM   #19
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Phase I does have a chain linked fence and the reason for that was federal safety rules and regulations as the track is considered active. Phase II has a combination pleasing metal picket fence and wood railing. This is due to changes in regulation result of feedback. I urge you to take a walk on Phase II and enjoy the new fences. Phase II connect to the Belmont Trail that brings you near Mosquito Bridge. I wonderful walk.

Belmont plans will eventually connect to the Tilton trail. From there the possibility of biking/hiking to Concord or Hanover is planned.

There is preliminary planning in Meredith about building a rail trail from downtown Meredith down to the Weirs. This is really exciting!
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There would be a chain link or high fence as Southdown/Long Bay have docks 56 in Southdown/Marina and 1 beach. Long Bay has a Marina/docks and 2 beaches so fencing would go up to keep the liability down. Liability insurance would be huge from what I heard plus the fact that the private communities do not feel like hosting folks just strolling into their lawns. Were not talking 10 families and 40 people more then 2500 +/- people reside there during the year.

On a side note the trail is going over or near Pickering cove north of Long Bay/SDS shores near the railroad tracks and the right of way is only 5 feet wide and stretches for 1/4 of a mile. The causeway near/over the water would have to be built up at a huge cost in that community/area.

Laconia is in a precocious position as a huge amount of the residential tax valuation/base comes from LB and SDS with 660 houses and condos.

I am long time Laconia resident and happen to live in that area. The trail could be devised to make people content but will probably be tied up in the courts for years.

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Old 05-10-2017, 01:14 PM   #20
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Quote:
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A review of the plan (Plan Book 141 Page 19) shows that SD does not own the land that the RR tracks are on and that it is owned by the State. The State has owned that land longer than SD has been in existence or even a dream. The SD plan would not show a proposed rail trail as it is not part of or on their property. Good luck fighting this - I think you will be donating your money to a very smart and savy attorney who will gladly take it off your hands, as much as you wish to waste.
Just sold, there is always room for negotiation. Many SDS/LB are pissed off they will boycott businesses, restaurants and bars in the area, and that accounts for a lot of food and adult beverages. Me personally I wont boycott.
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