I missed out on a few offers over the past year. Looking again, but outpriced in several neighborhoods, I'm curious what might my utilities be for a year? Water, heat, electric with and without air and sewer.
Any feedback is greatly appreciated.
In CA there are 20% utility discounts for low to moderate income seniors.
Anything like that in Detroit?
I know DTE has a Senior Winter Protection Program that prevents gas shut off's during the winter but idk about 20% off or that the Water Dept. & Sewerage is doing if that helps.
Is the property that you are looking at not on city sewer ?
I think the property taxes would far outweigh the utilities costs when it comes to decision making.
Heating costs are going to have so many different variables where no 2 houses are going to be the same.
Years back I found a quaint little 6000 sqft fixer upper in EEV for $60,000 but the property taxes were $14,000 per year.
It depends on where you live in the city, I spend way more in heating and cooling costs in one year than in two years worth of property taxes.Quote:
Originally Posted by Richard
Property taxes in Detroit are high but not that high. Properly assessed, even at the non-homestead rate, the taxes on a $60k property in Detroit should not exceed $3k.Quote:
Originally Posted by Richard