Cost Of Living In Waterville Maine | Living In Waterville

Рет қаралды 1,429

Күн бұрын

It's been a while since we've had this discussion and a few things have changed in the past two years. In this video, I discuss the basic costs of living in the City of Waterville, Maine's up and coming premier city. If you've been considering a move to Waterville, I recommend taking notes!
In this video I talk:
- Housing costs - own vs. rent
- Utilities
- Grocery bills
- Taxes, and more!
Nick Isgro is a Central Maine Real Estate Agent with eXp Realty helping clients achieve their dream lifestyle, one property at a time.
Have a real estate need or questions? Book a consult with me today!
📱 207-877-4934
📧 nick@nickisgro.com
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Born and raised in Central Maine, Nick is part of the fastest growing global real estate group within the fastest growing global brokerage in Central Maine. Within this group they discuss a wide variety of topics including social media marketing and strategies so your home is on top of its competition. Nick is also a former community banker with over a decade of experience in accounting and finance. As a community volunteer, coach, and non-profit board member Nick ensures that his finger is always on the pulse of what is happening on the ground in his local market. Combined with financial expertise and modern marketing strategies Nick will make the home selling and buying process as stress free as possible so you can focus on building the lifestyle of your dreams.

Пікірлер: 13

@oovotzify Жыл бұрын

I live in Brownsburg Indiana. All my cost are equivalent to you in Waterville except for property tax, I pay approximately 2400.00 a year for a 325k -350k home. We have all the same public services and great schools. I’m from New England originally and thinking of moving back to be near family but the tax rates are so discouraging.

@marklynch8781 Жыл бұрын

Thanks for being open and honest about this. Some areas of Maine have a long way to go toward getting cost under control. The property tax in some areas is so high it will result in a great number of people living in poverty after retirement. Electric power up 49 perent, well someone needs to just say "Heck No!". Reality is that a social security check is between $1200.00 and $1700.00 a month and this has to cover quite a few bills. The median household income is about $57000.00 a year, before tax. The poverty rate in Maine is interesting in that it varies a lot, in some areas it's over 20%, with a state average of 11.5%.

@stephenharper6638 Жыл бұрын

Wow. Those costs are stunning to me. I feel for the young ppl, how they manage, i don't know.

@chiptreks Жыл бұрын

Thanks for taking the time to put together this very informative video, Nick. My wife and I have been kicking around the idea of getting a second home in Maine (currently in Florida) to escape the summer here. Absolutely love your state and have visited for 10-day vacations two years in a row.

@nickisgro Жыл бұрын

Thanks so much for the comment. If you ever want info on any other area let me know and I'd be happy to help!

@livelovelaughforever2131 Жыл бұрын

I lived in Waterville for over 20 years. We moved to a small town in Maine as we wanted more rural living and more land. We just sold our home in Waterville. Waterville is very central to everything. Lots of great restaurants, great downtown area and easy to commute to Bangor or Southern Maine. Crime definitely has increased and traffic has increased as well. we moved for those reasons. I find that people coming from bigger cities think its just fine. There’s areas in the city that are riddled with crime and drugs etc. I would research those areas before buying for sure. My taxes when I moved were $1,800 a year. Heating and electric is really breaking the bank in Maine these days. Overall I do feel Waterville is a decent spot. I would not move back but we like to visit. 😊

@erikdodos36 Жыл бұрын

That MIL rate is outrageous

@erikdodos36 Жыл бұрын

Augusta has their own Fire and PD and it’s way lower. How is this the excuse for such an astronomical rate?

@nickisgro Жыл бұрын

@@erikdodos36 part of the reason is that Waterville is only 14 square miles and 1/3 of that is tax exempt. Augusta is about 58 square miles. Still crazy though.

@erikdodos36 Жыл бұрын

@@nickisgro interesting. 1/3 of Waterville’s properties are exempt from taxes? Why is that?

@nickisgro Жыл бұрын

@@erikdodos36 So small land mass, two hospital campuses, three nursing homes, two college campuses, plus a municipal airport and golf course (although the golf course is leased).

@erikdodos36 Жыл бұрын

@@nickisgro I see, thank you for all the info