jgs1419 Posted January 4, 2007 Share Posted January 4, 2007 My wife, three kids, dogs and various and sundrie other beings currently live in The Heights and have for a number of years. We are considering moving to The Woodlands for a variety of reasons, not the least of which is proximity to work. I know what my house in Houston costs with mortgage, taxes and insurance. I know what a house in The Woodlands costs and I can estimate the insurance but I don't know the full costs of property taxes, association dues, etc. Could someone please comment? Quote Link to comment Share on other sites More sharing options...
KatieDidIt Posted January 5, 2007 Share Posted January 5, 2007 My wife, three kids, dogs and various and sundrie other beings currently live in The Heights and have for a number of years. We are considering moving to The Woodlands for a variety of reasons, not the least of which is proximity to work. I know what my house in Houston costs with mortgage, taxes and insurance. I know what a house in The Woodlands costs and I can estimate the insurance but I don't know the full costs of property taxes, association dues, etc. Could someone please comment? Well, as always it depends on the price of the house. But here are a few things to keep in mind. 1. You are taxed on 100% of the purchase price on the newer homes. They are much more up to date on the true market value of a house in comparison to HCAD. I swear they got a little old lady locked up in a room researching the MLS Closing 24/7. 2. You have a mud tax based on the tax value of your home. That tax can run a couple thousand depending which mud district you are in. 3. You have an association fee that is pro-rated (and should be considered a tax) according to the tax value of your home. That can run a couple thousand. 4. The school taxes aren't bad. Comparible to HISD or SBISD. We live in a cheaper home than we did in Houston, but with association fees, mud, school and county taxes we are paying almost twice as much. PS-If you protest your tax value with MCAD, they give you a choice: Pay the rate on this years value or they can go ahead and raise it 20k to next year rate. Quote Link to comment Share on other sites More sharing options...
mrfootball Posted January 5, 2007 Share Posted January 5, 2007 The Woodlands is in a Regulated utility market if I'm not mistaken, so your monthly electricity bills will be about 50-75% less than what you would pay in Deregulated parts of Houston. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.