Quote:
Originally Posted by richs631
The biggest hit would be taxes and the bond. I personally know 3 people who recently bought Similar sized homes, bond was double and taxes on average $2,200 more for the same size house
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We are on our 4th home in TV. With each move on the "North" side, the bonds increased on our new home purchases, it is not different than what's happening on the "South" side. Our 4th home is on the "South"side. The bond is about the same as our previous "North" side home, the difference is that the "North" side bond had been paid down some over the years. With the Sumter County tax increase a year or so ago, our taxes increased on the "North" side. Our move to the South was relatively the same on taxes, the difference being we are now considered part of the City of Wildwood, so there is an increase of about $600. For us the open green space, preserves and lifestyle are worth it. And we love a new home with the warranties and no real worries for the next several years of having to replace a roof, A/C unit, windows, etc. It's all personal preference but the move "South" for us was a good decision. If more homes were being built on the North side, you would see bond increases there and feel the impact of the 25 percent Sumter tax increase - our North side home got a good whack with taxes when the increase was in put into place. Also, when you buy a resale on the North or South side, the tax rate changes to the rate of the price you bought the home for, it does not stay the same as to when the seller bought it for years before.