Is this idea for owning a second home on Winnipesaukee crazy?

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Originally Posted by MAXUM

Well with assessments creeping up the tax rate should go in the opposite direction however that hasn't been happening.

Right. The market changes much faster than the assessments. Most towns also show a relationship of assessment to market value e.g. +3% or 98% or something similar, don't they? In any event, market values change rapidly and assessments are only done every so often and then recalculated a few years later. They are used for two different purposes, so a 1:1 comparison is probably faulty.