Can We Live On Winni for $450k?

[Biggd]

Originally Posted by thinkxingu

The Southdown Shores home looks nice, but $365/mth. HOA fees might change things--for that much, someone could swing a house almost $75K more. At 4% interest, the buyer would own something more valuable while spending the same money. Of course, there would be maintenance charges, increased taxes, etc. to consider, but, like condo fees, it's important to consider the whole picture.

Not to mention that Laconia's taxes are higher than most towns around the lake. Between the HOA and the higher taxes you could probably afford to go another 100K higher in a town like Meredith.