One of the first questions we are asked as real estate agents who sell homes in Southern Litchfield County is... how much are the real estate taxes?
Each town is different. The more town services there are, typically you will see a higher mill rate, or tax rate. More roads equals more town maintenance. More town maintenance equals more money. More schools mean more money. Police departments, larger town halls, all these cost money and can increase the mill rates which are set by the towns depending on their budget needs. You get the idea.
(Remember, the mil rate might be low, low, low, but certain towns assess property higher than others!)
What is a mill rate anyway? According to the State of Connecticut the definition for mill rate is as follow:
"A mill is equal to $1.00 of tax for each $1,000 of assessment. To calculate the property tax, multiply the assessment of the property by the mill rate and divide by 1,000. For example, a property with a assessed value of $50,000 located in a municipality with a mill rate of 20 mills would have a property tax bill of $1,000 per year."
Mill Rates for 2011-2012 tax year in Southern Litchfield County including are as follows:
As you can see, Washington has the lowest mill rate at 11.5. This can make a home in Washington, CT seem very, very attractive for a buyer. Roxbury, Kent, Goshen and Warren are also lower than many others around.
Search homes for sale in Washington, CT.
Search homes for sale in Roxbury, CT.
Search homes for sale in Kent, CT (including South Kent).
Search homes for sale in Warren, CT.
Search homes for sale in Goshen, CT.
Here is a home for sale in Warren, CT, currently listed at $425,000. This beautiful custom 4 bedroom colonial is set on 4.88 acres, offers privacy and sophistication, has an open floor plan and is complete with everything you would expect in a home today. And the taxes for 6 Countryside Lane in Warren, CT? Currently the yearly property taxes are $5,020.
If you would like more information on any home listed, please call us at 860.946.0686. We would be happy to answer your real estate questions!
Andrea Swiedler, Realtor, Southern Litchfield County Real Estate
2017 President, Greater New Milford Board of Realtors
2017 Connecticut Magazine 5 Star Realtor
Coldwell Banker Residential Brokerage
Litchfield County Regional Office,375 Danbury Rd, New Milford, CT 06776
© Andrea Swiedler 2009 - 2017
Always do right. This will gratify some people and astonish the rest. - Mark Twain