The independent-reporter., 1909-10-14
SUMMER PROPERTY
N MAINE
Informslisn Collected
by Committee


By a resolve passed by the last
legislature. the Bureau OF Industrial
and Labor Statistics was instructed to
collect informeticn showing the value
and extent Of all property In the State
owned by people residing outside of
Maine and used exclusively for sum-
mer residential or other vacation pur-
poses. This investigation has been
going on throughout the summer and
is now completed, returns having been
received from all of the 521 cities,
towns and plantations in the State.
, II is found that there are in the
settled part of the State, 5097 cottages
owned by parties living outside of
Maine. These cottages are 1ocated
in 226 different municipalities and are
valued on the assessors books at $10,-
162,OS3.
The investigation as ordered by the
legislature included only summer cot
tages owned by people residing out
side of the State but as it could be
done without additional expense, it
was deemed advisable to include the
same class of cottages owned by peo-
pie having their residence in Maine,
also hotels that are used exclusively
for the accommodation of people, both
resident and nonresident, during the
summer vacation season. This addi-
tional information shows that, located
in 233 municipalities, there are 1850
cottages owned by parties living in
Maine, with a taxable valuation of
sS,1O9,473. In 1872 municipalities there
are $40 summer hotels with taxable
valuation of $2,235,075. By combining
the three items we get total of 10,-
S67 cottages and summer hotels. own
ed by parties living both without and
within the State, which are taxed by
the several municipalities In which
they are located on q valuation Of $751;
sos ,631.
Information was also gathered
which shows that on the wild lands
of the State there are seven hotels
and club houses which are admitted to
be worth $278,000; also 105 sporting
camps which have cost 1918, $50, max
ing a total value of $596,150. In addi-
ton to the 105 sporting camps OF
which the value has been ascertained,
there are q others owned by register
ed guides, and allowing them to have
an average value with the other 105,
would make them worth $81 $40. This
added to the above would make to-
tai value of hotels and sporting camps
on the wild lands of $677,960.
1t is we'll known that the assessors
Of the cities and towns are very con-
siderate when placing valuation
upon property used exclusively for
summer purposes, and the furnishings
of majority Of the cottages exceed
in value the cost of the buildings, so
that a conservative estimate, based
upon the facts gathered from the in
yestigation, will give the total amount
invested in summer homes owned by
people having a residence outside of
the State, including buildings, lands
and personal property subject to taxa
ton, at $20,324,0 ,083, and the furnish
ings would add $10,0OO,OO0 more. The
~ 1%n
State, including personal property,
100000; and the hotels including
personal propery, $6,0O0,OO0, making
more than s40,O0O0O0 which have been
invested in vacation property in Maine.
Upon this basis the amount invested
in real and personal property by peo-
pie residing outside of the State would
be as follows: