I ran across this web page from smartasset.com:
I don’t know that the numbers are right but this is what someone from out of town will see if they are thinking of moving to El Paso.
We deserve better
Brutus
I ran across this web page from smartasset.com:
I don’t know that the numbers are right but this is what someone from out of town will see if they are thinking of moving to El Paso.
We deserve better
Brutus
I have no clue as to how the CAD determines a property’s value, but I will admit that our home is valued at an amount significantly less than we paid, and has stayed below that amount for four years now. The bottom line still remains this: Home values are *still* much lower, as are housing costs, in El Paso, compared to the rest of Texas and the world.
LikeLike
What color Kool-Aid are you drinking?
LikeLike
El Paso *Kool-Aid*. What color do you drink? Do you own a home in El Paso? Have you ever looked at the cost to purchase a comparable one in any other Texas city? I have. And, I am very much aware that homes in my neighborhood – in El Paso – are valued under $100,000.00 by El Paso CAD, and a comparable home in Dallas, or Austin, or San Antonio, or any other city would be valued at a much higher cost. It doesn’t take kool-aid to prove this point.
LikeLike
Do you mean houses are cheaper here? Yes, in most cases they are. Check out the prices of a house in Denver or Phoenix or Austin…little bitty old houses for the price of a much nicer home in El Paso. And I agree on the CAD valuations. They are low. However, with our high tax rate, I could not afford to pay if they valued my house at its salable value.
LikeLike
Keep in mind, any place Californians have migrated to in droves has higher home prices because they drive up the market. That would include the NW, Colorado, AZ and Northern NM. Head to places Californians consider Hicksville and you’ll see our house prices aren’t that much of a bargain anymore.
LikeLike
Probably NOT true. EVERYTHNG cost more in El Taxo. Have been shopping for a new home just North of Austin. Georgetown, Round Rock, Leander. Have found what we want, just have to get rid of my house in El Taxo, take a LOSS. New homes, single story, two story. Much better built, designed than anything here. Property TAXES? Oh yes, Property Taxes. In the four different additions we looked in Williamson County, Property Tax rates were all around 1.34, 1.37%. Then of course, you get over 65, Disabled Vet tax DEDUCTIONS. During only ten days shopping down there, met several other El Taxo families looking to get out. Oh and yes, Vehicle Registration is $10 bucks LESS. So yes, will definitely take a loss on my home of 27 years just to get the hell out of here. If you don’t know what is on the other side of those mountains, go LOOK.
LikeLike
It depends on where you live. Florida houses are cheaper and because of the high percentage of retirees in some communities you can actually find areas with small low tax school districts. Their success in becoming a vacation market keeps property tax low and there is no state tax. The rural southeast also has lower cost areas. We shouldn’t kid ourselves. Our city leaders have raised taxes to a point where EP is unattractive to folks who move from many other places. We’ve killed the chance of attracting any large scale retirement communities like Del Webb. Yeah, I know you don’t like the get off our lawn crowd, but wealthy retirees with good health insurance pay their medical bills. Businesses will also be concerned about the tax burden. Yeah, we have Top Golf and a few amenities found in other parts of the US, but when you look at the entertainment diversity that happens in a community driven by private investment (vs bond issues) we are going to come up short even after all the pipe dreams are built. The fact that new retail tends to kill old retail should be a warning. We are almost tapped out of disposable income.
LikeLike
The developers who wanted Top Golf as a tenant made sure that Top Golf got its tax breaks. Meanwhile, residents and businesses that have been here for years get stuck with subsidizing Top Golf.
LikeLiked by 1 person
Exactly right, Fed Up. TAXPAYERS, Home Owners subsidize, pay for everything the politicians want, every hair-brained idea THEY come up with. Everything THEY want to BUY, want US to pay for, so that the RICH elite of El Taxo will continue to put Campaign “Donations”, money in their back pockets. Apparently John Dungan knows somebody, who knows somebody. My home “value”, inflated, FABRICATED, has INCREASED by about $35,000. My house payment on a FIXED RATE VA Loan has INCREASED by more than $200 per month because of TAX INCREASES. Shopping for new home just North of Austin. Tax rates, 1.34, 1.37%. El Taxo has the highest taxes in Texas, many other states, cities. Why? There is nothing here. 600 miles and hours, days from any where. It is a mistake for any Vet, Retiree, Military to buy a home HERE.
LikeLiked by 1 person
Just received my new Tax Statement. MORE tax INCREASES. Anybody understand that each taxing entity establishes the “Value” of your home? And each establishes the EXEMPTION amount? Entities taxing my property that I get no services, value from. UMC gives me about $45,000 LESS exemption than the City. Never been to UMC, no kids in EPISD in 17 years, nobody ever went to EPCC in my family. I pay Water, Gas, Electric Bills, there are virtually NO Police on the streets, so don’t know what “Services” I, WE get from the City, County. But I get NOTHING, have never received ANYTHING from Thomason, EPCC. Trying to get rid of my home of 27 years, get out of El Taxo. And yes, you are right about the HIGHEST taxes in Texas, many other cities, states. A NEW home just North of Austin, has a TAX rate of 1.34, 1.37%. As an 80% Disabled Vet, 75 years old, can’t afford to live in El Taxo. The reasons for the outrageous taxes is to support the Sanctuary City 70-100,000, MORE Illegals living here. No Military, Retiree, Vet should ever buy a home in El Taxo.
LikeLiked by 1 person