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7
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Tim M
  • Palm Bay, FL
0
Votes |
7
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Well water vs city water

Tim M
  • Palm Bay, FL
Posted

Purchased a REO and in the process of rehabbing. The house is setup to run off of a well. The well pump and water pressure tank are MIA - est cost $750. Or should I bite the bullet and hookup to city water - which is on a voluntary bases at the cost of $7k. The city offers low financing for up to 20yrs ie the payment would be $35 a month.

Is there any upside for hooking up to city water other than fewer maintenance issues? From what I can tell it doesn't increase property value or potential rental income and is more of a personnel preference? Opinions?

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