From the WSJ Real Estate Archives

Homes That Offer
Small Tax Bills

by Eileen P. Gunn
From The Wall Street Journal Online
September 15, 2005

As property values have soared over the past few years, so have property-tax bills. Below are three homes in states known for their low property-tax rates. But beware: Tradeoffs might include strapped municipal budgets.

  • Cary, N.C.
  • Huntsville, Ala.
  • Metairie, La.

PLACE/PRICE: Cary, N.C./$339,900

PROPERTY TAX*: $2,700 per year

THE PROPERTY: 2,690 square feet, 3 bedrooms, 3 bathrooms

DESCRIPTION: This Charleston-style home built in 2003 has a two-car garage and large open kitchen. The master bedroom has a balcony and whirlpool bathtub with separate shower.

NOTABLE: Location is central to Research-Triangle Park, Durham and Raleigh. Community has a pool, lake, biking trails and playgrounds.

Note: *Current owner's payment

Sources: Kelly DeBrosse, Re/Max One Realty; Maxine Sikes Keller-Williams Huntsville; Carolyn Talbert, Prudential Gardner Realtors

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