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Old 06-17-2011, 08:47 PM
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katezbox katezbox is offline
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Quote:
Originally Posted by gmcneill View Post
Not that an agent would tell you this, because it would cost them money, but a consideration that might work for you:

Order very basic appliances, very basic interior light/faucet package, and most inexpensive exterior light package...then later purchase upgraded items you might really want but at a cheaper price. Same thing with flooring and window treatments.

Reason is that the taxable value of your home will be based on the sales price. A home with upgraded items (that will eventually be replaced) will appraise higher, thus resulting in higher taxes.

That was our intent when we started pricing our new home go minimalist with interior things, max out extensions on the garage, lania, front, side...however, somewhere along the way convenience the thought of not having to do anything once we move in crowded away that intent.
Not an expert on property taxes and such, but I have read comments similar to yours and have wondered....Isn't the mill rate here about 14.5... so that would be an additional $14.50 in tax for each $1000 of value (I think). So, if your savings in buying cheap and then swapping out was about $5000, you would spend less than $75 per year in taxes ... and you might not recover the cost of swapping out the "cheap" stuff... If my premise is right (and I know someone will let me know one way or the other), then definitely not worth the inconvenience...
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