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Well, you live in Waterbury, pay taxes in Waterbury, and you work in…. Prospect. No – what I’ve found to be true is the reverse (as it may be for many of the surrounding towns): some people may work in Waterbury, but live in Prospect, or have jobs outside of the area. Now, since that reason has been eliminated - the whole necessity of living where you work - what might induce a Waterbury resident to move to Prospect???
- The taxes are lower. Compare a tax mill rate of 24.5 vs. 39.92 for the two areas. Not to mention that relatively similar houses in both towns are worth much more in Prospect.
- The school district is better. Prospect, along with the neighboring town of Beacon Falls, comprises the Region 16 School District. Visit the School District Region 16 site to get more detailed information.
- The quiet of a suburban setting. Nothing like being able to walk around the neighborhood with a sense of serenity and security.
If the affordability of homes in Prospect is a concern, a look at the recent real estate market stats for Prospect will inform you that about half of Prospect’s housing inventory is listed under $300k, so housing in Prospect is affordable.
There are, of course, many reasons why you may want to stay – but in these tough economic times, any way that one can save a penny is a good thing, and moving to Prospect may possibly be the best thing you’ve ever done.
To find out more about Prospect, you can peruse the Prospect CT website.
Looking for information about homes in the Greater Waterbury area?
Buyers, need to find financing and advice on the home-buying process?
Sellers, looking for tips on how to make sure your home sells?
Stop by www.williamsplaces.com !
Courtesy of William James Walton, Sr ., Realtor, Century21 Access America
Serving northern New Haven and southeastern Litchfield Counties(Waterbury, Wolcott, Prospect, Naugatuck, Middlebury, Southbury, Watertown and Plymouth)