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Sounds like the dream, I love my life but I envy your acres, Britain is expensive unfortunately.
originally posted by: Lumenari
originally posted by: avgguy
Well you have to look at taxes. In my state property tax alone in nearly 2.5%. So the average house is 250,000 that makes yearly prop tax nearly $6,300 or ~$500 a month. That makes a huge difference especially if your home value goes up.
Depends on the state. of course.
Also what laws you can play with.
For instance, I have a little under 400 acres with two (now) homes on it.
In Montana if your home is incomplete or not on a permanent foundation then it isn't considered a home, but an outbuilding.
So our first home will never be on a permanent foundation and my second home will never be completed.
My property taxes are roughly $680 a year, but a portion of my property I have turned into a tree farm which gives me a tax credit.
I mow a section of the property and it is now zoned as an emergency plane landing site, giving me a tax credit.
So my actual taxes, after everything, is roughly $200 a year.
Which I pay by doing an occasional odd job, to be honest.
With a thousand feet or so of riverfront property.
originally posted by: l
I have a 4 bedroom, 3 bathroom, 2 floor and 2300 square foot home on half an acre...... for $1100 per month. For that same price, I can get a 3 bed, 1 bathroom apartment with more rules than a courthouse, no yard, neighbors you can hear through the walls (and ceiling) no resale value, no driveway and the joy of being treated like a second-class citizen.