I bought last year for about $400,000 but my market value and assessed value is about $300,000!
Not sure how they came up with that number since the “Property Appraiser of Sumter County is charged with placing a fair and equitable market value on every parcel of property both real estate and tangible in our county.”
I think it has probably gone up at least 10% (neighbors have their house on market for about 20% over last year’s purchase price) so I was a bit concerned about taxes (thought my wife might have to get a second job) but this makes the decision to move here even better!
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