How we love thee. Great location relative to Chicago, great restaurants, shopping, beaches, and so forth. We could even afford to buy a place here - there are a number of great condos and even houses with list prices well within our budget. Although there is definitely a markup for being in Evanston (the same place would cost much less in many other locales), it might even be worth it.
Except...
Taxes on a small 3 bedroom house with 1.1 baths with a small yard and one car garage -- not even that close to downtown: $11,000! An extra $917/mo... Uh, no.
Taxes on a 1500 sqft condo downtown: $7,000! Plus, the $500+/mo association fees! An extra $1083/mo... No again.
This, folks, is why we are not yet homeowners. :)
Like a waterfall in slow motion, Part One
1 year ago