Submitted by Awkward_Street1708 t3_z8ughr in newhampshire
Just curious how fellow residents rates have faired this year!
Southern Nh here, lease went up 365$.
Submitted by Awkward_Street1708 t3_z8ughr in newhampshire
Just curious how fellow residents rates have faired this year!
Southern Nh here, lease went up 365$.
Seems to be a common occurrence! Thanks for the insight
Property tax bills were just sent out in my town, they went up about $1 per $1000.
Property taxes went up about $500/yr on both my houses. (Seacoast NH)
Mine went up ~$600 per year. Altogether my PITI is just under $2K per month for a 3bdr, 3 bathroom single family home. I’m glad I bought 10 years ago because renting nowadays is too darn expensive. Something has to be done to bring down the cost of renting.
I definitely feel for you folks that see increases each year. Especially as we all know pay hasn't gone up in most cases.
I'm probably the luckiest renter in the state or I just have an awesome landlord.
On my third year in the Lakes Region on yearly leases and the rent has remained the same. Granted it is above $2K a month, but I fully expected it to go up. This year the assessed value of the house went up $80K.
Props to my landlord as he leaves me alone, schedules preventative maintenance & includes me in the discussion, and quickly responded to the single maintenance issue I had.
My property tax situation further north is a different story. I turned in a packet to take a couple acres out of current use so I can build, but they haven't sent me the LUCT bill yet. I'm like, come on, I'm trying to give you money.
Nothing yet. She hasn't increased the rent since 2020 and it was a small amount then. Hopefully she'll stay reasonable. Good luck to all of you dealing with these shenanigans.
It's ridiculous.
Taxes went up in Derry by about $400 for us. Still way cheaper than renting.
Wait, you pay over $2000 a month rent on a property that is worth $80k?
I rent a 800 sq ft apartment on the Seacoast. My rent went up $30 this past June. I consider myself quite fortunate!
The value of the home increased by $80k.
We need to build more housing and reform zoning to encourage it
When we moved into our apartment in 2018 it was $950 a month for a very small 2 bedroom in Manchester. It went from $1195 to $1450 this year.
ETA: we are a basement unit and there are zero amenities, three buildings. We pay for laundry ($3 per load), no gym or anything like that, literally nothing except an apartment. It wasn’t worth the $950 we started originally and it definitely isn’t worth $1450 but we are absolutely stuck because of COL now.
My yearly property taxes are going up by $1,340.
My property tax only went by $100 thankfully.
My yearly rent has increased by $300-500 every year since I moved out in 2015. I considered myself lucky to only get a $400 increase this past year, since most apartments in my year have increased $500/MONTH over the past 3 years.
15% increase in rent
We are lucky and in the 2+ years my rent hasn't changed
$480K the last time I looked. Up from $400.
I agree. Seems like the homeowners in my area are against the construction of any multi-family complex within a few miles of their homes. A developer recently proposed converting a small commercial complex into a 50-unit 3 story townhouse community and people around here protested at the planning committee meetings because they want to preserve their home values. Odd thing is these same people complained about how high their property assessments are for this year.
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Rent went from $1300 to $1400 this year, will go up to $1500 next year.
Taxes haven’t changed.
My property taxes are only increasing by $117, thankfully.
Yeah I had a piece of crud apartment in Nashua, bad/scary neighbors, frequent bugs and mice, rent still hit 1500, just got a place in Manchester for the same price that's 10000 times nicer, but it was a hot grab so I think my new place is well under market
Property Tax annual amount decreased $100
You should encourage them to find the ridiculous bloat in the town budget and Slash It™ in the meeting next year. That will solve their property-tax problem, if they want it to be solved.
Same here. My wife and I were so lucky to get a house in 2020, we'd easily be paying $200-$300 more a month if we stayed in our apartment.
Rent went up $60. Southern NH.
Property taxes went up $1400 for the year
You're being left alone on rent because you're already way overpaying, dummy. You think you're getting a great deal because you're probably making New York City money working from home right?
AH!! Gotcha!
My rent went up $100, but I have an excellent landlord.
I'm extremely lucky and my landlord raised my rent $50.
My tent went up 200 a month. Then the landlord sold it. Then the new landlord raised it another 200. We're going to lose everything.
Property taxes went up by $120/mo
Ended up being about 200 per month
Yeah I just looked at the place I moved out of 2.5 years ago and it's $200 less than my mortgage but a third of the size, a duplex and it's "Zestimate" is higher than my house.
Meanwhile my house is... WAY nicer.
It shouldn't be legal to tax unrealized gains.
Property taxes went up 2000 per year
I increased our tenants lease by $200
that’s crazy..
We raised our tenant’s rent by $100. We are still losing money on the unit 🙃
> because you're probably making New York City money working from home right?
Try again
This is an interesting concept, but the property is owned, and has an actual value. It’s owned by the lender, not by you when it’s under a mortgage loan.
For sure. But normally you can't claim appreciation value until something sells right... So, why am I getting taxed on a "sale" price that didn't happen.
Wow. That’s gotta be because of the revaluations. Are you in Derry or a high tax town?
Yep. Windham
I was shocked to see the tax rate dropped to $19 and change. I was expecting a drop but not that large. Luckily with the revals we broke somewhat even. Some people here got hit with almost a $200k in revaluation.
We went up almost $250k in our assessment.
My condolences. That’s outrageous. East Derry I assume? It seems like they got hit the hardest. We went up by 100k in Derry, near the windham border.
Rochester voted in a tax cap which is awesome.. but property values went up…
Nashua here...my rent went up by 50% 🙃
In the short run maybe but a loss is also a tax break…in the long run you are building equity with someone else’s money and will reap the benefits when sold
Negligible increase
Agreed, hard to say it’s “losing money” when someone else is paying your property taxes and equity.
captainfav t1_iydd1o3 wrote
I’ll tell you this, rent at my old apartment complex is now more then my current mortgage (including taxes and insurance)
It’s incredible