Ramblings of Silver Blue


29 May

Yes, it’s a nice house, BUT….

Did I really need to do the math to know I’m still being screwed, even with the downturn in the housing market?

valuation.jpg

Housing tax in Hampton has been lowered from $1.14 per $100 in assessed value to $1.08 per $100. Which means, of course, that my taxes will be going up $90 next year. The equivalent of $7.50 a month. That’s not as bad as in years past.

I repeat … it’s a nice house, BUT…. would I get $161100 for it? With the housing market being what it isn’t, I think not.

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