KillingtonZone.com

I would disagree. The taxes matter even if you are a 2nd or 3rd homeowner. It may not matter for those well inside the top 1%, but it matters to the top 2% to 10% (of the 1 to 2% of ski families that would buy ski real estate in New England) that need to be killingtons market for that village, wheth...

Bear units had demand at 1.4 to 2M, for 2.8+ seems a tough sell. You can get in to Spruce Peak at Stowe for near those prices with way more amenities. They are built to order, not on speculation of sales. The potential tax bills are enough to cause indigestion. Will the asset bubble burst before vil...

It was 30 million cheaper before COVID to build it, maybe they should wait for the real recession to hit before pulling a trigger on that. Either that or reverse the school year in killington from summers to winters off and let the kids go to school in one of the new base lodges during the summer mo...

Wage earners are hit pretty hard with taxes. In VT, NJ, MA, CA etc you are talking near or over 50% total tax including top fed, state and local Tax rates. The top 1% each year includes a bunch of people that exercised stock RSUs or sold homes or businesses, so they have a 1% income for only a short...

I also have some k tix I would sell for cost ~$100. Msg me if interested

Local control is expensive, but I dont really have a problem with that. Let people congregrate and run towns the way they want, you can choose to live there or not. In my view its really Act 250, Act 60 and drugs at the source of most of VT's issues - they've all discouraged economic development of ...

I was thinking of building in VT too, if they raise taxes 30% it will be a bleed down of property values until the next assessment in 6 - 10 years just like after 2009. Why would I invest further in VT? We had way more than 10 kids per teacher in class when I went to school in VT too. I dont get VT,...

It's not apples to apples, almost every tax deduction has been eliminated for individuals since rates were that high and many states didn't start charging income taxes until 60s or 70s. The government is collecting record levels of taxes of all kinds and spending even more! The wealthiest area of ou...

District of Columbia

But if we look at resort towns in CO or ME or NH compared to Killington, Ludlow, Stratton or Stowe you'll see property taxes are double in VT. Real estate values are higher in those other areas (likely due to taxes!) which masks the effective tax rate.

The education tax is all convoluted due to act 60/127 and CLA in VT, if you look at tax rate per assessed value I'm paying almost 2.6% of assessed value in property taxes. Thats NJ and suburban NYC level taxes. If you look at tax burden relative to market value, thats a lot more volatile. The issue ...

Might be tough selling village units with a 30% tax increase, plus discussion of a millionaries tax that starts at 400k or 500k and estate taxes levied if you own real estate in VT. So we are going to have a reassessment at peak COVID valuations plus new school funding. I can see the makings of the ...

"Prices start at $2,900,000 depending on view and location." Isn't that price double what these started marketing at ? Seems a bit rich for attached duplexes without all the amenities you'd find with other slopeside condos at other areas. Top Ridge now fetching $1.6M which seems to find bu...

Peak to creek is popular and differentiating even if hard core skiers don't appreciate it. Not sure losing the "3k Vertical - most in new england" is good for marketing either. Hope it gets some love

I can advise the guns came on lower GE below the ski bridge last night around midnight.

The weather forecast tomorrow has improved a bit on snow vs NCP.

It may be the "higher for longer" interest rate position of the fed and the economic risks. Lets face it, taking a big gamble on the 2024 economy is risky.
Buying down interest rates for buyers costs money too, 2nd home markets slow before the primary markets.