You should see what my dad pays. He would be dying to pay so little for 10 acres (or even better, as much as Iridehorses). But then we live in the city and in a neighborhood that suddenly boomed 10 years ago. It used to be small and unknown, but know it's filled with people renovating and trying to sell their house for a million dollars. They're nice homes, but they exaggerate sometimes. They get away with it though because everybody seems to want to move here.
That's kinda what happened with our town. We used to be small, but in the past decade, seems like everyone wanted to move here! We do have a great school system but geesh! We only have a few "million dollar homes" but many are over $400,000. The market is crappy right now though so many of the homes are sitting empty.
My ranch in Arkansas is in the country 65 miles from Little Rock in the Ozark foothills. The house is 1900 square feet, land is 80 acres with lots of improvements. Taxes are $650/year and I get a $300 homestead exemption, so I only pay $350/year. If the ranch were 15 miles from Little Rock in a metropolitan county its value would be much higher, the tax rates would be much higher, and I would be paying in the neighborhood of $4,000/year in taxes...far more than the commute costed me.
I have a 4,100 square foot home here in the country outside of Branson with 6 1/2 acres, and the taxes here are $1,250/year. If my house was 1/2 mile down the road (that's about 850 yards) across the county line of a Springfield suburban county, my taxes would be more than double what they are here...
A tip on property taxes...
Have some BIG loose dogs and an attack horse!
Our farm was homesteaded in 1905, it remained the same until 1973 when a family purchased it and revamped our home. We purchased it in 2009 from a state rep who used it as a hunting lodge, we gutted the house, fixed up the fence and reclaimed the yard. I have a pretty good feeling that the County Assesors (sp) left it alone until this year when they got their records updated, politics!
Ugh. So I was working and looked out the window and saw a car sitting at the locked gate. The dogs were going at it doing their job! Still the car didn't leave so unfortunately I went out to investigate, Tax lady. If it would have been a man I would have told him to take a hike, but the lady was nice. Well I was duped, I penned the dogs and thought I'd be nice, maybe she'd go easy on me. ARGH!
She started commenting on how according to the records I've done this and that, and we had increased our yard acreage, higher value! Oh, look at all the nice rock on the house, records say only such and such % but it looks like more to me... I'll have to send out someone to measure. ARGH!!!
This house hasn't been touched in over 40 years and you want to RAISE my taxes! Then she started talking about dogs and horror stories, then she told me how she was scared of horses when she saw mine, mentioned the horse barn she needed to see but she wasn't ABOUT to go out there because she'd been attacked once by a horse that was in some people's yard. The horse CLIMED on the porch to get at her, was biting and pawing at her and eventually drove her out of the yard. She had to pick up a wiffle bat to beat the horse away!!! Then she said that due to my scary and VERY protective dogs she'd have the rock measuring guys give me a call before they came out so I can put them up... HECK NO! You think I'm answering THAT call? He's going to have a battle on his hands! And I'm shopping for an attack horse for the next time they come around, or at least let my horses in the yard to scare her off. We got BIG plans for this place, LOL!
Understand that we live in "The Town That Time Forgot" ROFL!!
Can't give you specifics bc DH writes the checks! However, when we were considering moving our horses from where we kept them to a property with them in the backyard, we checked on taxes and insurance. In OUR case, the total of the two did not change. We paid less insurance and higher taxes in Champaign, IL (1/4 acre property). Now, we pay higher insurance and lower total taxes on 5 acres in Longview, IL.
Our place in 2009, one year after new fencing, including the ruts
We pay ~$2,500.00/year for our taxes.
Our 5 acre property, which came with a 6 bedroom house, 4-car garage, a barn w/adjoining shelter/loft (500 bale capacity), tool shed, other outbuilding (single car size), was ~ $90K. It also had 4 separate fenced-in and gated pastures/turnouts.
We now have 5 areas with horse fencing, instead of the old cattle fencing.
We closed on October 31, 1999. Our zoning, THE most important thing to consider, is AG2, which enables us to keep livestock. At the time we bought our place, other local horse people were buying 20 acre, undeveloped properties in a horse-friendly development. The 20 acre lots with nothing on them were more expensive than my whole package. But other people probably didn't like our neighborhood, very rural, with many inexpensive homes, which bothers me NOT AT ALL. Funny, that, since I grew up in the expensive burbs of "Chicago-land!"