[Goldwingnut]

Originally Posted by sharonl7340

We bought a pre-owned home and our bond on a 6 year old house when we bought was $10,000. We are only about 2-3 miles from Brownwood, between CR466A and SR 44. Our assessment went up this year because our fire department service went up 100%.

If you buy in the new area, your bond is closer to $50k than $25k. Our maintenance was $276, bond was $672, fire district fee was $321. All of those are in your yearly tax bill.

Now you have an idea of those costs as well. BTW, we have a patio villa. So if you get a bigger house those assessments would increase.

Your maintenance assessment was not affected by the Fire Assessment, but they are both listed on the non-ad valorem portion of your property tax bill but are completely unrelated.
You're correct that the bond is now higher in the newer section, where you are was built 10-11 years ago when prices and costs were much lower. My CYV bond was $13K, but that was based on a bond issued in 2012. My second home in Moultrie Creek has a bond that is 4x the CYV ($52K), a difficult pill to swallow but it is a full decade later and costs have been crazy.

Bonds will continue to increase with each new one issued, just as they have for the last 3 decades. Bonds are the highest they have ever been in the new sections, funny thing is is that's it's always been that way. In 2034 when people are paying bonds of $40K on a patio villa and $80K on a designer home and buyers saying that bonds are the highest they have ever been, the buyers will look at what we are paying today with longing.