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Dream Home Giveaway has ended 2013 (12/28/12 - 2/15/13)
HOA fees and other info |
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Home owners association fees are 600 per quarter, and are reassessed every quarter. Kiawah Island Club initiation fee is $135,000.00 (refundable in full if you move) plus an annual fee (I am guessing here, but I would think 10 to 20k a year) But all the golf courses are open to the public. I'll post when I get golf prices) If you look with the "zoom" from the upper deck virtual tour and look to either side you will see neighbors. That makes me think the Dream house is on lot 119. You can see 113 and 123 on google earth. (from the plans DH 2013 will eventually have a neighbor that shares the driveway. off to do more sleuthing. | ||
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Is it me or does that seem a little pricey? Money doesnt make the world go around but it does make the trip alot nicer! | |||
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The HOA fee or the exclusive country club fee? Augusta National is at or just under $100,000.00 (I agree on the cost) HOA fees seem in line with alot of coastal lease-able property's | |||
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Vinnie, check out the "Click to enlarge" link on this site for Heath Cottage Park (the official name of this little 16-home community). Does this help with your sleuthing?  http://host.web-print-design.c...th_cottage_park.html | ||||
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I may be mistaken, but I thought the community was Indigo park. http://www.kiawahisland.com/re...orhoods/indigo-park/ - - - - Pessimists are right more often, but optimists have more fun being wrong! | |||
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$2400/yr. HOA check insurance ??? taxes ??? don't have to have the country club membership | ||||
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Heath Cottage Park is a micro-community (16 homes) of LEED certified homes within Indigo Park. The Dream Home is located on Heath Cottage Park Drive. | ||||
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Might "have to" if all your neighbors belong. - - - - Pessimists are right more often, but optimists have more fun being wrong! | |||
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in 2009 it was .7% property tax 1,700,000.00 X .07 = 11,900.00 (cheap for this value a home...but I'm sure insurance will off set it being coastal) average house in 2011 was $1,057,119.00 Estimated median household income in 2009: $165,891 median age is 63.8 year old population is 1,631 plus soon to be...me! | |||
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i believe the yearly property tax will be slightly less. the 1.7 million figure cited includes furnishings and merchandise which would not be include in property taxes. i am not sure how much the furnishings/merch account for though. in past years i recall it being in the $100,000 range. | ||||
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You can actually look alot of it up on trulia Money doesnt make the world go around but it does make the trip alot nicer! | |||
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Just a personal Thank You to the sleuther's who find out info and to the people who find interesting things in the house for us to go look up. Makes this so much more exciting  | |||
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Population in 2011: 1,631. Population change since 2000: +40.2% Males: 783 (48.0%) Females: 848 (52.0%) Median resident age: 63.6 years South Carolina median age: 40.2 years Read more: http://www.city-data.com/city/...a.html#ixzz2J0cwZ43k Geeezzzz I would be a baby there. And have all the widows chasing me. Mrs Vinnie will have to chase them all off for me. | |||
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Hgtv dream home is always a window into the new in design and decorating. The value of the realty dollar in Kiawah is pretty colorful. I am in...and ready to take the cash option and say, "Rats, I have to take the cash, but cry all the way to the Bank." > | ||||
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I don't think there are any Black Widows in S.C. Vinnie, but I am sure your DW would chase them off anyway!!! Watch out for the Eastern Cotton Mouth snakes, though. The gals have a squeamy feeling around those and you might be on your own in that.This message has been edited. Last edited by: TangoW, | ||||
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I believe the entire pakage is over 2mil. The house itself unfurnished is 1.7mil from what i read. Thanks for all the information all. *****Catch the Excitement***** ******Dreams and happiness to all my MB friends****** ~ ~ ♥ ~ ~♥ ~ ~♥~~♥~~♥ a flapjaw and a Sheltie collector avatar fan Real Friends Believe in Your Dreams | |||
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Property tax is not including the 500,000.00 cash. Income tax would include it. 1.7mil house is what the property taxes should be figured on. | |||
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Thanks for reminding everyone of that detail Vinnie, I am not sure why people keep thinking property tax would be on the whole megillah. *****Catch the Excitement***** ******Dreams and happiness to all my MB friends****** ~ ~ ♥ ~ ~♥ ~ ~♥~~♥~~♥ a flapjaw and a Sheltie collector avatar fan Real Friends Believe in Your Dreams | |||
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hmmm. my read of the prize numbers still suggests that the home plus furnishings/merch is 1.7 million total. is there info somewhere else that i am not aware of? here's the copy from the rules below. am i reading it wrong? "One (1) Grand Prize Winner shall win the Grand Prize which consists of: (i) the home located in Kiawah Island, South Carolina (the "HGTV Dream Home") that is featured in the "HGTV Dream Home" special (including home furnishings and merchandise as determined by Sponsor in cooperation with the Participating Parties and installed prior to conveyance) (approximate retail value ("ARV"): $1,700,000);" | ||||
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Property tax is not the same as the income tax you will pay on the WHOLE prize package. And that bill comes annually. | |||
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I do think you are correct Vinnie. Lets say the furnishings are $160,000 to $200,000 thousand, that make the house value around $1.5mil. Is that what you were thinking? *****Catch the Excitement***** ******Dreams and happiness to all my MB friends****** ~ ~ ♥ ~ ~♥ ~ ~♥~~♥~~♥ a flapjaw and a Sheltie collector avatar fan Real Friends Believe in Your Dreams | |||
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hi. i am not sure why you keep mentioning income tax when we are talking about property taxes, Vinnie. My point this entire thread has been about property taxes not being based on the $1.7 mill figure b/c that include furnishings/merch. what in my posts makes you think i am referring to income taxes? originally i posted that in past years the furnishings/merch accounted for approx $100,000 which would make property taxes based on a number closer to $1.6. again...not referring to income taxes at all. trying to understand your point in reiterating the income tax statement to my post! | ||||
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Thank you for your thoughts Petite. As in the past, we like to look at all costs, income, property, HOA, etc. They provide information as to a person's ability to be able to keep the home or take the cash value. When Vinnie began this thread, I know he hoped for all perspectives. Thank you for yours as property tax is a constant cost to keep abreast of.. Also, from the posts, you can see some find it difficult understanding the difference. *****Catch the Excitement***** ******Dreams and happiness to all my MB friends****** ~ ~ ♥ ~ ~♥ ~ ~♥~~♥~~♥ a flapjaw and a Sheltie collector avatar fan Real Friends Believe in Your Dreams | |||
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and thanks for your reply NJ. i've been on the board a while and i am aware of all you wrote. however, it's irrelevant to my question! i am wondering if i am missing something that V is trying to point out in reference to my comments. of course, in the total tax costs, the $100,000 or so affecting the yearly property taxes is a drop in the bucket. for individuals able to afford and maintain a home in Kiawah it probably wouldn't make much difference! | ||||
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Correct 22petite, many could not afford it, but you never know, we may have a winner sometime who could. It is all about the dream. Wouldn't that be neat? *****Catch the Excitement***** ******Dreams and happiness to all my MB friends****** ~ ~ ♥ ~ ~♥ ~ ~♥~~♥~~♥ a flapjaw and a Sheltie collector avatar fan Real Friends Believe in Your Dreams | |||
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Petite, I am sorry. It is so easy to miss read one meaning in these posts. You are correct. the value of the house would be less with the contents removed from the figure. Anything we put here are only guesses at this point anyway. Good luck, 22petite! | |||
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There was a post by TangoW on another thread that provided the % that each of these cost would value including percent of the cost the property tax, let me look and see if i can find it. *****Catch the Excitement***** ******Dreams and happiness to all my MB friends****** ~ ~ ♥ ~ ~♥ ~ ~♥~~♥~~♥ a flapjaw and a Sheltie collector avatar fan Real Friends Believe in Your Dreams | |||
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I've been reading a lot of what all you wise sages have been saying, regarding taxes and such. Do any of you know how many people actually have lived in the past Dream Homes? Because I was planning on it...! | ||||
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several. *****Catch the Excitement***** ******Dreams and happiness to all my MB friends****** ~ ~ ♥ ~ ~♥ ~ ~♥~~♥~~♥ a flapjaw and a Sheltie collector avatar fan Real Friends Believe in Your Dreams | |||
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I'm DEFINITELY moving there if I were to be so lucky as to win!! I've got a good accountant and he can advise me how to save most of the winnings and plan for expenses. I plan to get a job in Charleston County and work at least part time for daily living expenses....not ready to completely retire yet! | ||||
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I already know, it would cost more than the $500,000 cash to pay federal and states taxes, but I know my acountant would know the details as well. If I win, I would love to make plans to live there. *****Catch the Excitement***** ******Dreams and happiness to all my MB friends****** ~ ~ ♥ ~ ~♥ ~ ~♥~~♥~~♥ a flapjaw and a Sheltie collector avatar fan Real Friends Believe in Your Dreams | |||
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I KNOW I'm living in the DH. Just have to figure out how to get over that initial tax burden... It' would be interesting to know how many winners actually have stayed living in the DH longer than a couple of years. Those stats would tell us loads on how affordable it really is, in the long run. As I see it, if I can get thru the initial income tax burden I would be 'good to go' regarding the property taxes and HOA dues. Not sure if I will be able to join the GC, but the public courses and public beach suit me just fine! Best of luck to all! But you may want to focus your efforts on the 2014 DH - jus sayin javascript:void(0) | ||||
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sorry....it's MINE!! Ha! Ha! But I'll let you come visit........or any of the others I've been talking to! | ||||
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Music, I hope one of us wins, it is time for a dreamboard dreamer. *****Catch the Excitement***** ******Dreams and happiness to all my MB friends****** ~ ~ ♥ ~ ~♥ ~ ~♥~~♥~~♥ a flapjaw and a Sheltie collector avatar fan Real Friends Believe in Your Dreams | |||
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YES! I agree.....let it be one of us who areee interested enough to dream about it and talk about it and find out all the information we can. I always hate it in a big lottery or big contest when the winner doesn't really "deserve" the prize (or needs it) | ||||
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Music1871: You already live in the South...! I'll visit you on my way to SC... I need to move to the South for the warmth and humidity. I'm about ready to amputate a few fingers due to the pain the cold weather gives me. And unfortunately we are not in a financial situation that we can just up and move somewhere warm. I am so ready to move to the warmth and humidity the South is famous for. Music1871, consider yourself a winner already for living in such a beautiful part of our country! | ||||
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I think anyone that enters deserves to win as that is how contests work, but it would be so much fun for a dreamer to win. *****Catch the Excitement***** ******Dreams and happiness to all my MB friends****** ~ ~ ♥ ~ ~♥ ~ ~♥~~♥~~♥ a flapjaw and a Sheltie collector avatar fan Real Friends Believe in Your Dreams | |||
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HGTV Message Boards HGTV Contests & Giveaways Dream Home Giveaway has ended 2013 (12/28/12 - 2/15/13) HOA fees and other info
