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[quote=Anonymous]My Old town counted fit, finish, sq footage and age in assessment values.

A new build paid double per sq foot than an older build. Plus new builds usually more sq footage and higher build quality.

Property taxes my old area used to be like 7.5k for a split level house from 1950s with no central air and 1,500 sf.

My neighbor up block tore down old 1,500 sf house in original condition and built a 3,000 sf high end mansion. Taxes of course based on size moved from $7,500 to $15,000 then taxed at double as new built so $30,000 then he put a pull in finished basement, central Air, deck and higher end materials so another 6K.

He is now paying $36,000 property tax vs. $7,500. We had extremely few tear downs and new homes. I say 99 percent of 1950s homes are as is when built. Which leaves tons of nice starter homes or empty nestor affordable homes.

Folks can move to towns where big new homes exist. It left my town a family friendly popular town for newly weds, blue collar people, empty nestors. I did trade up after 20 years adn moved. Why, well if I tore down and moved that 36K taxes would make my house very hard to sell plus I did not want to pay them.

Bethesda should do this. Tax the hell out of new builds.

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