Quote:
Originally Posted by John_W
Biggest difference for us is electricity, SECO is almost nothing. Our CYV electric bill runs about $87 to $97 a month year round. Suburbs of Baltimore, electric was $295 in the summer, $390 in the winter and about $175 in the spring and fall. It used to be half that amount until about 2005 when Governor Martin O'Malley decided to have electric deregulated, he thought competition would lower the price. Instead BG&E more than doubled and no competition came in.
I did water and maintain my lawn nice back there, water cost us $35 every month and garbage was $30 per month. Here's it all part of the amenity bill. Water indoor and outdoor, garbage and amenity all together is about $220 for us. Take away the $135 amenity and it is about $20 more for water per month for us here.
Our biggest difference is on property taxes. Our home there taxes were $3,000 a year, but in Maryland if you made less than $65,000 a year they gave a low income tax break. We only paid about $600 in property taxes a year about the last five years there. Our taxes here aren't bad, but add in the bond and the maintenance and were up over $3,000.
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The Bond payment is not part of the tax expense on houses in TV but rather a function of the purchase price. It is included on the tax bill but is really the assumption of a prior lein on the property. I also have a CYV (bond paid off) and my tax bill is less than $2200 with the homestead allowance .