Alton Flood of 1996

[Descant]

Originally Posted by jazzman

Interesting. I was listed at 400k over town appraisal, the house doesn't look to be in good shape (or good design), the driveway is 1/2 mile long and a major snowmobile corridor goes through the property. I know the new owner could always shut that down, but people would still trespass and who wants bad feelings with a large number of people.

Almost 700 acres assessed at less than $200K implies "current use". That's fine, but if there is a conservation easement, it may provide permission that can't be changed by a new owner, for a variety of activities.

[Bigstan]

Originally Posted by Descant

Almost 700 acres assessed at less than $200K implies "current use". That's fine, but if there is a conservation easement, it may provide permission that can't be changed by a new owner, for a variety of activities.

It says assessed @ 540k in 2018. 400k over assessed = the 980k asking price.

[ghfromaltonbay]

Wow! Their property taxes are almost $1000/yr less than what I pay here in NJ for a house assessed at $149K. Mine would sell for about $325K and is a 1300 square ft cape on a 48x100' lot. I chuckle every time I hear NH residents complain about property taxes. If I could I would move to Alton in a heartbeat. Can't leave with 2 elderly parents nearby.

[jazzman]

Alton taxes are about 50-60% of those in non vacation NH communities without a large business base.