TKPK or CCDC?

[Anonymous]

Anonymous wrote:We went through that decision and chose TKPK our friends picked CCDC. Both are great but we collectively agreed that TKPK was better overall for our 2 families (they come to our place often and would like to move…).

It wouldn’t be true for everyone but here is why: TKPK more neighborhoody (someone earlier made comp with Gilmore girl and it made sense to me), less preppy, younger, more kids in the local public house/less private school kids, small town feel with big town open mindedness, more laid back and diverse, more political and engaged even though it is not anymore a hard core leftist place.

Schools are very good. Our friends in ccdc had to deal with more rich girl competitive consumption vibe which in our narrow experience has been non existent in TKPK. We love the kids our kids hang out with.

Security wise: we feel very safe and kids walk to school and walk around but no rosy glasses it is close in DMV with a lot of personal property theft. Not sure how it compares to ccdc.


In conclusion, both are great choices but if you value close knit community and fall on the less preppy more hippy side, TKPK is for you. If you enjoy having a more UMC lifestyle and more neighbors that share that lifestyle CCDC is for you

Honest to god, you don’t read what you wrote here and puke in your mouth a little bit?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

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Anonymous wrote:???

DC public schools are not better than Takoma Park schools.

And if in Maryland, you are in state for all the Maryland colleges.

Look in both and base it on which house you like best. If the houses are a toss up, choose Takoma Park for sure. Better schools, better services, more community.

I believe property taxes in MD are much higher than DC, and your DC assessed value can only rise a maximum 10% per year. My understanding is income taxes are also similar/slightly higher once you factor in MD state and local taxes.

The only point is that with DC TAG already giving you $10k of the difference between in state and OOS, you will probably more than make up the difference on taxes.

That would depend on your income and property value. Our property taxes on our three bedroom plus attic cape cod is 2800 a year. Doesn't seem that high to me.

And even if you do make up the value, you don't have in state admissions preference.

Do you live in Takoma Park? If so property taxes on a $1.7m house will be at least $25k a year, perhaps more like $30k. If you pay $2800 your house is severely undervalued or you live in DC.

In DC, property tax should be about $14,500 on a $1.7MM home.

I don’t know why people volunteer their property tax for a home they probably bought 20 years ago. The assessed value is always significantly below market value.

Not in Montgomery county, the three year assessment cycle raises property taxes substantially every time, unlike in DC where assessments are routinely way below home prices.

DC law says assessed values can only increase a max 10% per year, capped at the assessed market value.

Same in MC, but assessments don’t lag House prices as much as in DC and 10 percent of a 5 figure amount is a lot. 10 percent every year adds up considerably, especially in Takoma Park where city taxes add about 50 percent more to the overall bill.

[Anonymous]

As my financial planner said to me when I was wondering about where to live based on taxes, etc - move to the place you want to be. Chasing lower taxes is not worth it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:???

DC public schools are not better than Takoma Park schools.

And if in Maryland, you are in state for all the Maryland colleges.

Look in both and base it on which house you like best. If the houses are a toss up, choose Takoma Park for sure. Better schools, better services, more community.

I believe property taxes in MD are much higher than DC, and your DC assessed value can only rise a maximum 10% per year. My understanding is income taxes are also similar/slightly higher once you factor in MD state and local taxes.

The only point is that with DC TAG already giving you $10k of the difference between in state and OOS, you will probably more than make up the difference on taxes.

That would depend on your income and property value. Our property taxes on our three bedroom plus attic cape cod is 2800 a year. Doesn't seem that high to me.

And even if you do make up the value, you don't have in state admissions preference.

Do you live in Takoma Park? If so property taxes on a $1.7m house will be at least $25k a year, perhaps more like $30k. If you pay $2800 your house is severely undervalued or you live in DC.

In DC, property tax should be about $14,500 on a $1.7MM home.

I don’t know why people volunteer their property tax for a home they probably bought 20 years ago. The assessed value is always significantly below market value.

Not in Montgomery county, the three year assessment cycle raises property taxes substantially every time, unlike in DC where assessments are routinely way below home prices.

DC law says assessed values can only increase a max 10% per year, capped at the assessed market value.

Same in MC, but assessments don’t lag House prices as much as in DC and 10 percent of a 5 figure amount is a lot. 10 percent every year adds up considerably, especially in Takoma Park where city taxes add about 50 percent more to the overall bill.

Something doesn't make sense if it works the same in MC.

The only reason DC tax assessed values and DC market assessed values diverge is because the market assessed values have been increasing at more than 10% per year. The starting value for taxed assessments always re-adjusts to market value if a house changes hands. There are some homestead tax credits, but I think that just takes $50k off the assessed value. DC assesses every year.

So, if MoCo also limits tax-assessed values by 10% each year, why/how would MoCo-assessed values work much different from DC?