Talk of The Villages Florida - View Single Post - Question about property taxes (and bond) plus homeowners insurance
Thread: Question about property taxes (and bond) plus homeowners insurance
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Old 04-06-2021, 04:05 PM
retiredguy123 retiredguy123 is online now
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Originally Posted by RetiredFed View Post
Considering the big move to The Villages but need help with understanding approximate annual costs for property taxes (and bond) and homeowners insurance policies for a $250k home in TV. Can anyone please advise on this? Thanks so much!!
The items you mentioned will vary quite a bit depending on whether you buy a newer vs an older house and the county where you buy, and if the house is in a city, like Fruitland Park or Wildwood. Newer houses will have higher taxes and bonds, but lower insurance rates. For a newer house in Lake County, Fruitland Park, the taxes and bond payments for a $250K house are about $3,800 per year. The insurance is about $1,000. But, similar older houses in Sumter County, may have taxes of less than $1,500, with no bond.