Good luck to you in any case,
Isaac Real Estate Team
Champions Real Estate Services
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The property tax is based on the assessed value and the assessed value is determined by location and the size of the lot and property. i think your question is really asking, which way is a better choice?
Your ideal choice all depends on your price range and life style. If you are in the $300,000 to $400,000 price range a condo or townhouse is about your only option.
Remember Homeowner's dues cover most of your utilities and maintenance in a townhome or condominium project, so it's money you would be spending anyway.
If you want to search the Sammamish market with up to the hour results, go to http://www.buyandsellseattlerealestate.com .
First the place you asked about is currently available. The list price is $365,000. The current annual tax for this home are $3316 ($276 per month) according to Realist and the dues on this property are $236 according to the listing.
A currently pending sale for a single family home has a list price of $350,000 has annual taxes reported as $3550 ($295 per month) and there are no dues for this home.
Hereâ€™s the problem, the single family home was under contract in 8 days and is currently pending. The only other home currently on the market in that price range is a substantial fixer.
Our market has a serious lack of inventory right now with the least expensive homes going very quickly and often for more than list price.
When trying to compare the total cost of ownership between a condo and a single family home, I suspect the home will win provided you budget for the necessary repairs over time and enjoy doing some of the general maintenance yourself.
Welcome back to Sammamish, let me know if I can be of further help.
That is a gorgeous property.