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What are the utilities like on a 8000 sq foot house?
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What are the utilities like on a 8000 sq foot house?
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>>1299256
Depends on where you live, how many people in the house, the quality of the house. I wouldn't expect the cost for an 8,000sf house would be 4x that of a 2,000sf house. Prob between 2-3x.
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>>1299256
about 3 fiddy mate
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>>1299256
My parents live in a 10k sq ft house and it's about $1800 total for utilities. Property tax and repairs included, around $3000 per month.
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It will depend mostly on how well insulated it is and the quality of the HVAC setup.

The bulk of power bills are heating and air.
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>>299256
$1500/mo for electricity in Texas..

In Texas, your property taxes would be 3% of appraised value annually (divided by 12 for monthly ass fucking).
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>>1299256
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>>1299648
>3% property tax
holy fucking shit, that's robbery.
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>>1300090
>>1299648

"appraised value" and "actual value" are not necessarily the same.

My "appraised value" here in PA is around $190k for a $600k house. It's still a sizable chunk of change but my tax bill is easily half what it would be in Northern NJ (Metro NYC).
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>>1300989
>>1299256

Moral of the story: unless you have a huge level of permanent cashflow, keep your housing requirements reasonable.

One day your kids will age out of the house and you and your spouse are stuck with the maintenance and upkeep of this huge palace. And your kids will get pissed when you down-size because they want to bring their kids to the home they grew up in. (I'm dealing with this exact thing now)
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>>1299462
where did they get the money to live in a 10k sqft house?
Thread replies: 11
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