5 ms·
That stretch of road serves 40 houses. So paving every 20 years works out to $125/year/house. Median home value is $105,000 so that costs 0.12% of home value pe
by davideous 7y ago
That stretch of road serves 40 houses. So paving every 20 years works out to $125/year/house. Median home value is $105,000 so that costs 0.12% of home value per year.
Not unreasonable if planned for and if other expenses are not chewing up all property tax revenue.
- asdff 7y agoIf it winters, you are going to want to pave more often than that. My parents suburban street has similar traffic (read: 40 people driving their car out then back in every day and that's it), and just from the warming and contraction over the course of the year the asphalt starts buckling and falling apart in less than 5 years.