Saturday, May 30, 2009

Coldstream taxes lower than Vernon !


My fellow blogger Coldstreamer had an interesting comparison of taxes for a property in Coldstream when compared to the same valued Property in Vernon. (Click on link for full details.) Compare your Coldstream taxes to City of Vernon taxes!

He has now updated the tax comparison to include the 2009 tax year.

His calculations are that for a house valued at $457,000 ( with Land at $260,000 and Improvements at $197,000) that:
  • 2008 Municipal Taxes would be 41% Lower in Coldstream and total taxes would be 12.36% Lower in Coldstream. ($ difference on total Taxes would be $ 295.71)
  • 2009 Municipal Taxes would be 43% Lower in Coldstream and total taxes would be 13.28% Lower in Coldstream. ($ difference on total Taxes would be $ 331.25)
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You can use the Vernon City tax calculator to calculate the taxes for any property in Vernon and then use the tax rates in Coldstream from the tax comparison sheet to compare taxes.

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