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  • Wondering why your selling price is so low? We have our bnb in Charlottesville VA with only 5 rooms and one cottage for sale and we just turned down offers of 1.1M and 1.25M. Is CT depressed because of Covid? Just curious, not prying.
    An Old Tavernkeeper
    An Old Tavernkeeper
    Never mind I figured it out. We are just outside DC and make about $400k in profit on $550K in sales and our accessed value is 1.375M for land and buildings but our taxes are less than 20% of yours at 35 cents per square foot annually. I can't even imagine paying $1500 a month in taxes. Hopefully your sales cover the upkeep and you can unload it on someone!
    M
    Meadowbrook Estate
    Yes property taxes in Connecticut are high- and we were primarily an event venue before covid hit.
    Numbers were based on events
    So had to switch over to primarily lodging and build that business up this year - which has been so much better than we thought

    We figured to test the market for sale as a residential property (many people fleeing NYC right now) as well as a commercial property
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