Home Buying in Algoma>Question Details

1950timr, Home Buyer in Algoma, WI

does one have to pay higher property taxes on a home or condo that views lake michigan?

Asked by 1950timr, Algoma, WI Mon Jul 26, 2010

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What Duane says is true. If the property value is higher, the taxes would be higher. The lake view itself does not justify higher taxes, just the higher value due to the lake view.
0 votes Thank Flag Link Mon Jul 26, 2010
The value of the property could be higher, thus in return your property taxes would be higher based upon the value of the property. The tax rates per property should not change based upon similar locations. (IE Views) However not all municipalities are the same. City will be different than town of etc. Hope this helps!

Duane Murphy
Coldwell Banker The Real Estate Group, Inc.
http://www.duanemurphy.com
Web Reference: http://www.duanemurphy.com
0 votes Thank Flag Link Mon Jul 26, 2010
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