At first, a new construction home in a Colorado special district may fit your monthly housing budget, but research the property taxes before committing to a purchase. A metro tax is often added to typical city and state taxes.
A metro tax is a way to pay for the new community’s development of new streets, gutters, sewers, etc. This additional tax can increase your property taxes 2-3 times more and, if not planned for, can make monthly house payments difficult. So, be sure to do your research and account for any additional property taxes in your home budgeting process.
If you are considering a new construction home or a house in a Colorado special district, seek the guidance of a licensed and trustworthy realtor to help you guide you through the home-buying journey. If you have any questions about selling or buying a vacation home or any home, don’t hesitate to contact Chadwick V.R. Williams at Denver Real Estate Professionals. Let’s talk about your future!
Chadwick V. R. Williams, SRES, CRS, GRI, SRS, Luxury Certified
REALTOR® - Life Goal Advocate
720-666-9805
Comments