The Cape

Home

Tip:  If you need more bedrooms but desire lower taxes, think about a cape

People look at the front of a cape and ... it feels like ‘home’ ... . There’s great curb appeal, usually, because they’re pretty, they’re nice to look at ... .

One of the dilemmas is that often times capes were built with a couple of bedrooms on the first floor and a couple of bedrooms on the second floor. And unless they’ve had a ‘shed dormer’ put on the back to give more space upstairs, it’s not a big second floor ... .

They do offer a lot of flexibility in terms of upstairs/downstairs in a tight package that is accessible.

They tend to be taxed a little lower because the upstairs is not a full story. Often times you have a full story’s worth of use, but the way the assessor looks at it, it is taxed at half or three quarters. So that’s just a small advantage, but something to pay attention to.

Leigh Whiteman
The Whiteman Team
Real Estate Consultant

Listen to the full interview below, and feel free to share your comments.

Comments:

Name:

Email:

Remember my personal information

Notify me of follow-up comments?

Submit the word you see below: