Talk of The Villages Florida - View Single Post - Homestead Exemption
Thread: Homestead Exemption
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Old 02-12-2012, 04:25 PM
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Xavier Xavier is offline
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Originally Posted by marennorge View Post
How much money does the Homestead Exemption really save? If your house is assessed at $250K and the HE is for $25K, are we talking a 10% reduction in the property tax bill?
Don't forget the other $25,000 that is additionally exempted from everything except school taxes. Without looking it up, I'd say that totally it was at least an $800 reduction in our taxes for a comparable property in Marion County.

Xavier (the frugal)
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