Some people over at Olney IL had a cottage on less than a half acre lot
for about 20 yrs. He and his wife sold the lot, got rid of his pontoon
boat and runabout, and moved into town. the main reason he told me was
because he got tired of paying about $400 per month in reality tax. to
them it sure took the fun and joy outof having lake property. PLUS!
he was sick of running the fisheren off his dock and fishing around his
boat. he showed me gouges where people would cast a line and snag his
interiour, then cut the line and leave the hook . They ahd a 16th
birthday party for his daughter on his nice dock, and people were boat
fishing were coming up to the dock and asking if they could use the can
in the house etc.



wrote:
On 7 Jan 2007 14:14:42 -0800, "JimH" wrote:

........cost you this year? How big is your dock and what amenities
does your marina offer?

For us, $1,525. Drive up dock, 25 foot floater with water, electric
and dock box. The marina has 250 slips total, a pool, clubhouse and
top notch mechanics. The owners (3rd generation) live on site.

http://www.romps.com/

We moved to this marina because of our bad experiences with the dufus
*OMC Certified* mechanics at the marina we were at last year.

So how about you?

Comparison to owner dock.
I paid $72.5k in 1984 for a house with a dock. I have spent about
$4000-$5000 since then on dock improvements and maintenance, (lift and
new pier added, all my labor). The extra taxes probably go about $300
a year this year over a similar house across the street without a
dock.
Granted that is probably $400-500k now, even in this market but I am
not selling
Considering they are selling "Dockaminiums" here for $300k plus a
hefty mounthly fee, buying a house with a diock is not out of line.