Quote:
Originally Posted by graciegirl
The bond is factored into homes sold elsewhere as part of the expense of the infrastructure. If you add 25K to most homes for the "real" price you will have a good idea of the homes price.
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You are absolutely right Gracie. In the Spotsylvania county (Fredericksburg, Va.) area the county charges the developer $20k to $30K or more per home to build a new community. This helps offset the cost of road improvements, new schools and services incurred because of the expected increase in population. In VA the developer pays that directly to the county. That cost is passed along in the price of the new house. If it weren't the builder would probably go out of business.
The only difference is in TV that cost is paid directly to the county by the homeowner and most other places it is paid by the homeowner through the developer as part of the price of the house.
Jim