How much property tax in the Villages?

[twoakers]

My wife and I have been seriously discussing retiring in The Villages in a couple of years. One of the reasons is because the home prices appear to be very reasonable. Recently, I buddy of mine told me that some places in Florida have very high property taxes, to the tune of a few hundred a month. We would be looking at purchasing a home in the $150k to $175k range. Can someone tell me approximately how much our yearly property taxes would be? I would homestead the $50k option I've seen, and I think I can get another $5k drop on the value for being a disabled veteran. Thanks for any help.

[kstew43]

you can look back in the search section for exact numbers.. but
depending on the county you buy in and the city you buy in, if I am not mistaken the millage rates are as high as 15% and as low as 11%.

multiply that times the value of the home and there you go, more than likely from $300 a month with or without the bond/maintence , but I have seen numbers as high as $11,000 a year on a select few with pools and views.

Best thing to do is find a area you like and look up the address in the county tax appraiser site. this will tell you what the owners pay in bond, and maintance plus there regular taxes. you can also do a tax estimator on what you as a new home owner will pay, with or without homestead..

Marioncountytaxappraiser...sumtercountytaxappraise r and lakecountytaxappraiser


good luck with your search.

[dnobles]

I don’t think you’ll find a home in your price range. Even in the older section because they are being torn down and new homes put up. Maybe but few and far between

[graciegirl]

I don’t think you’ll find a home in your price range. Even in the older section because they are being torn down and new homes put up. Maybe but few and far between

There are 21 homes listed in the price range of 150k to 175K on thevillages.com this morning.

[Chatbrat]

You might get a manufactured in the old section--before its torn down

[graciegirl]

You might get a manufactured in the old section--before its torn down

There are 21 homes listed on thevillages.com this morning between 150,000 to 175,000.

The Villages are buying some lower priced manufactured homes, removing them and building moderately priced site built homes in their place.

Here is a link to one of them. The Villages aren't making much money on them so I have to think it is their version of Urban Renewal.

Homefinder - The Villages(R) Homes and Villas for Sale (https://www.thevillages.com/homefinder/#/L6.1024?new&minPrice=200000&maxPrice=250000&lng=-81.98413713026238&lat=28.874306832157444&lvl=2)

[Topspinmo]

I think depends on which county you buy in. I think Marion county may be the highest, but sumpter county I think had tax hike last year or two? IMO for that priced home (lots more options and locations for around 190k to 225k) I would expect taxes to be $1400. to $2800. Year on most mid range properties. You also need to look if the properties still have bond pay off. Another hidden expense tha can nickel and dime you.

[graciegirl]

I think depends on which county you buy in. I think Marion county may be the highest, but sumpter county I think had tax hike last year or two? IMO for that priced home (lots more options and locations for around 190k to 225k) I would expect taxes to be $1400. to $2800. Year on most mid range properties. You also need to look if the properties still have bond pay off. Another hidden expense tha can nickel and dime you.

Taxes didn't get "hiked". Property values went up.

[Topspinmo]

Taxes didn't get "hiked". Property values went up.


So double wammy for prospect buyer? :popcorn:

[graciegirl]

So double wammy for prospect buyer? :popcorn:

There are some people who will find The Villages too expensive.

[mulligan]

My taxes have gone down several times in the past 7 years.

[Chatbrat]

IMHO--TV is not for anyone on a SUPER tight budget--its the lifestyle that costs, shows, dining, sports, & keeping up with jones--lawn maintenance, maybe a roof, water heater a/c replacement--these normally happen on a 10-12 year cycle

[fw102807]

https://www.thevillages.com/images/CostofLiving.pdf

[Barefoot]

IMHO--TV is not for anyone on a SUPER tight budget.
There are homes in surrounding areas that are much less expensive than The Villages.

[biker1]

YMMV, but typically in Sumter the millage rate gets rolled back if assessed value increases. My Sumter county property tax went down by $10 for 2017 even though the assessed value of the property increased.

So double wammy for prospect buyer? :popcorn:

[Topspinmo]

YMMV, but typically in Sumter the millage rate gets rolled back if assessed value increases. My Sumter county property tax went down by $10 for 2017 even though the assessed value of the property increased.

Depending on county. Mine have NEVER gone down. IMO the only reason they when down was explosive development which dramatically increases tax base, so they drop it by dime thinking your getting break which they will collect back the next year. Taxes will never go down, just slight drop for awhile.

[biker1]

I am not sure which county you are in but my property taxes (Sumter) have gone down for the last 3 years. Not a lot but they have gone down. Basically, the county has a budget and an inventory of property values. The millage rate is set to generate the required budget when applied to the inventory of property values. The millage rate has been rolled back for the last 4 years - don't know the history before then.

Depending on county. Mine have NEVER gone down. IMO the only reason they when down was explosive development which dramatically increases tax base, so they drop it by dime thinking your getting break which they will collect back the next year. Taxes will never go down, just slight drop for awhile.

[Bogie Shooter]

You can get factual tax information at this site.
Sumter County Property Appraiser - Joey Hooten - Bushnell, Florida - 352-569-6800 (http://sumterpa.com/)

[John_W]

You didn't say what percentage your disability is or if it's service related. I have 40% service related, so in Sumter County my home's appraised value is reduced by 40%, if you're 100% disabled service related you wouldn't pay any taxes. If it's not service related, then you would just get the $5,000 deduction off the appraised value. You would still have the bond and yearly maintenance on your tax bill. On our CYV the bond was $14,000 so we pay $1100 a year and maintenance is $450.

In your price range, the only stick built or masonry homes you would find for about $150K would be a 1 BR 1 BA or 2 Br 1 BA Patio Villa in one of the northern villages, that's north of 466. In the mobile homes you could find a couple of dozen in your price range. The Villages is in the higher range of prices, had you come here in 2011 like we did, we paid only $157K for a brand new Durham masonry CYV 2 BR 2 BA. Now to find an identical place you would pay about $200K in the very far north area of Mulberry where they are building some new CYV's or about $220K for a resale.

If you're not interested in a mobile home or a small patio villa, I would suggesting looking a couple of miles north on 441/27 at Stonecrest or about 5 miles north of that in Del Webb Spruce Creek. Otherwise I would look in Hernando or Pasco County. That's on the Gulf coast about an hour southwest of here. Either in Timber Pines on US 19 in Spring Hill or at Heritage Pines on County Line Road in Pasco Co just south of Spring Hill.

Stonecrest in Summerfield (https://www.55places.com/florida/communities/stonecrest)

Del Webb Spruce Creek Golf & Country Club (https://sprucecreekgcc.com/)

Timber Pines Community Association - Timber Pines Community Association Home (http://www.timberpines.com/)

Heritage Pines - Home Page (http://www.heritagepines.net/home.asp)

[billethkid]

The usual response from most people relocating to FL is their annual tax bill is less than the original homestead.

[champion6]

My wife and I have been seriously discussing retiring in The Villages in a couple of years. One of the reasons is because the home prices appear to be very reasonable. Recently, I buddy of mine told me that some places in Florida have very high property taxes, to the tune of a few hundred a month. We would be looking at purchasing a home in the $150k to $175k range. Can someone tell me approximately how much our yearly property taxes would be? I would homestead the $50k option I've seen, and I think I can get another $5k drop on the value for being a disabled veteran. Thanks for any help.I did the research. Attached are the details for all three counties.

Summary of 2017 Millage Rates

Sumter
Unincorporated 11.5251
In Wildwood 15.5435

Lake
In Lady Lake 17.2603
In Fruitland Park 17.8504

Marion
Unincorporated 16.0924

[Lottoguy]

The Villages is safer from hurricanes then some of the places you mentioned. I would think twice about anything near a coast.

[Lottoguy]

Some of those estimates are way off!

[villagetinker]

OP, taxes are only one expense. My humble opinion, do a search on this site for monthly expenses (try the advanced search option), there was an excellent reply that listed most if not all of the monthly expenses.
Hope this helps and good luck with your quest.

[Chatbrat]

We we lived on a boat people used to ask "how much fuel does it cost to run" I used to say "fuel is the cheapest part of the equation"-- a transmission on my stb engine was $16K

The cost of a house in TV is the cheapest part of the equation even without a mortgage

[Abby10]

My wife and I have been seriously discussing retiring in The Villages in a couple of years. One of the reasons is because the home prices appear to be very reasonable. Recently, I buddy of mine told me that some places in Florida have very high property taxes, to the tune of a few hundred a month. We would be looking at purchasing a home in the $150k to $175k range. Can someone tell me approximately how much our yearly property taxes would be? I would homestead the $50k option I've seen, and I think I can get another $5k drop on the value for being a disabled veteran. Thanks for any help.

Watch for the next new neighborhood of Patio Villas to come out and see if any are in your price range. Last time they were quite reasonable.

We have a patio villa in what I call sumter/sumter, not sumter/wildwood which is where the new ones are and where the tax base is slightly higher. We pay about $240/month, but that includes RE taxes, plus bond, maintenance, and fire. Those fees all come on one bill yearly in November. Real estate taxes alone (without bond, maintenance, and fire) are about $145/month. Our patio villa is not homesteaded and we have no disability claim.

I hope this information helps.

[dave042]

You didn't say what percentage your disability is or if it's service related. I have 40% service related, so in Sumter County my home's appraised value is reduced by 40%, if you're 100% disabled service related you wouldn't pay any taxes. If it's not service related, then you would just get the $5,000 deduction off the appraised value. You would still have the bond and yearly maintenance on your tax bill. On our CYV the bond was $14,000 so we pay $1100 a year and maintenance is $450.

So if you are 100% service related disabled and the bond is paid off, you only expenses are the utilities? Are there HOA fees?

[EdFNJ]

I don’t think you’ll find a home in your price range. Even in the older section because they are being torn down and new homes put up. Maybe but few and far between



From our own recent purchase (8yr old resale in Amelia) I can assure you that is incorrect. There have even been new homes in Fenney in that range. Obviously it depends on what "size" home one is looking for. We are very pleased with our 2/2 (except for the 1 1/2 car garage). [emoji3].

As for taxes, under $3k including property tax, bond, and all other charges on the bill BEFORE homestead rebate which goes into effect this year. Sure beats the $11k from up north.



---------
My user name should be EdF(formerly from)NJ and glad to be gone. [emoji3]

[kstew43]

So if you are 100% service related disabled and the bond is paid off, you only expenses are the utilities? Are there HOA fees?

you also have maintence fees....different in each development, from $350 to over $800 a year for the flowers, trees and upkeep of your neighborhood, as well as the amenities fees of $145 a month, for the pools, golf ect.

in the historic villages there are no maintence fees or bonds, but you still have the $145 a month.

[autumnspring]

My wife and I have been seriously discussing retiring in The Villages in a couple of years. One of the reasons is because the home prices appear to be very reasonable. Recently, I buddy of mine told me that some places in Florida have very high property taxes, to the tune of a few hundred a month. We would be looking at purchasing a home in the $150k to $175k range. Can someone tell me approximately how much our yearly property taxes would be? I would homestead the $50k option I've seen, and I think I can get another $5k drop on the value for being a disabled veteran. Thanks for any help.

From your post, you seem to be in the thinking planing stage.

If, you go to zillow.com and or realitor.com yo will see what can be bought for 150,000 and 170,000 as well as what the taxes are.

We of course do not know your current financial condition, your current expenses etc.

ADVICE-I would ask an accountant rather than a real estate SALES PERSON to advise you.

[rustyp]

https://www.thevillages.com/images/CostofLiving.pdf

That is very good guide. The one I use to answer my friends when they ask how much does it cost to live here. As to the specific question of how much are taxes - semantics you will receive back. However if you live anywhere in suburbia without a HOA you are probably comparing real estate taxes to the following. This is just the answer of actual dollar outlay. What you get for the money Vs your old tax bill is another story altogether.

On a $250K house approximately:
$2800/yr prop tax + $2300/yr bond & maintenance fee + $1800/yr amenities fee = $6900/yr.

[Brandy4]

If you did not "reside" in Florida at the time of your service you can't claim your veterans disability against your real estate taxes in Florida. My late husband was a WWII 100% disabled B24 pilot - couldn't claim.

You can get Homestead deduction if this will
Be your primary residence.

[fw102807]

That is very good guide. The one I use to answer my friends when they ask how much does it cost to live here. As to the specific question of how much are taxes - semantics you will receive back. However if you live anywhere in suburbia without a HOA you are probably comparing real estate taxes to the following. This is just the answer of actual dollar outlay. What you get for the money Vs your old tax bill is another story altogether.

On a $250K house approximately:
$2800/yr prop tax + $2300/yr bond & maintenance fee + $1800/yr amenities fee = $6900/yr.

This is still less than we paid on our house up north for taxes alone. Also our home already had the bond paid so we only pay taxes and amenities which we consider quite a bargain.

[rustyp]

This is still less than we paid on our house up north for taxes alone. Also our home already had the bond paid so we only pay taxes and amenities which we consider quite a bargain.

I agree with you - just trying to answer the OPs original question. As compared to my taxes up north this is a great bargain. The original OP sounds like there is a budget and it is important. Don't want to mislead anyone with the canned tax answer of approx $15-$17 / thousand. There is substantially more to the story when they write that yearly check.

[Daddymac]

Taxes didn't get "hiked". Property values went up.
Wrong,
Taxes do go up. If the town Employees get wage increases, medical increases, your taxes will get “hiked”
If the town cannot get the funding for them.

[biker1]

The experience in Sumter notwithstanding ...

Wrong,
Taxes do go up. If the town Employees get wage increases, medical increases, your taxes will get “hiked”
If the town cannot get the funding for them.

[jmvalcq]

Everybody chimed in on the prices and taxes, answering your questions. However, it’s the lifestyle that your paying for. You can find lower priced properties outside of the villages, but not the same lifestyle. Only you can determine what that is worth to you.

[Abby10]

If you did not "reside" in Florida at the time of your service you can't claim your veterans disability against your real estate taxes in Florida. My late husband was a WWII 100% disabled B24 pilot - couldn't claim.

You can get Homestead deduction if this will
Be your primary residence.

I'm wondering about your response. Reason being, I personally know some TV residents who are 100% disabled vets and who pay no RE taxes. Those I know never resided in Florida until they retired there.

For the poster who asked this question, I would recommend calling and verifying for yourself.

[thelegges]

If you did not "reside" in Florida at the time of your service you can't claim your veterans disability against your real estate taxes in Florida. My late husband was a WWII 100% disabled B24 pilot - couldn't claim.

You can get Homestead deduction if this will
Be your primary residence.

Your disability must be service related. If you rated are 100% service related disabled you pay your bond, but not taxes on your primary residence.

[rjm1cc]

The home may also have a bond that you will have to pay off. The bond keep the cost of the home down. If you have a bond you could have annual maintenance costs in addition to taxes. As you have seen taxes vary by location. Utilities can also vary. Pay attention to how the home is heated. There can also be additional charges on your real estate tax bill for other services. Go to the county tax collector's site to get an idea of what charges you will face. You might want to look at larger communities in Ocala.

[Nucky]

There are many Manufactured Homes in very good condition that can be had at prices that will leave you with money to work with to get settled in. The homes are in fine condition. Many people are guessing about what its like to live in the Historic Section. I can tell you it is just fine. Property taxes are around $1000 after you are Homesteaded. They also bill for garbage and the fire department on the tax bill. Total in 2017 was about $1200 for the year. $100 per month. Send me a Private Message if I can be of any other assistance.

There are many, many, many owners in the Hysterical section who will be going down with the ship. Meaning they will never trade in, sell, knock down, drag away, or consider leaving this area. I am one of those. I gave Fenney a thought but decided if I want a new house I already know the perfect place to build it. Rite here.

[Wiotte]

There are many Manufactured Homes in very good condition that can be had at prices that will leave you with money to work with to get settled in. The homes are in fine condition. Many people are guessing about what its like to live in the Historic Section. I can tell you it is just fine. Property taxes are around $1000 after you are Homesteaded. They also bill for garbage and the fire department on the tax bill. Total in 2017 was about $1200 for the year. $100 per month. Send me a Private Message if I can be of any other assistance.



There are many, many, many owners in the Hysterical section who will be going down with the ship. Meaning they will never trade in, sell, knock down, drag away, or consider leaving this area. I am one of those. I gave Fenney a thought but decided if I want a new house I already know the perfect place to build it. Rite here.



Fenny’s loss [emoji41].


Sent from my iPhone using Tapatalk

[dave042]

The home may also have a bond that you will have to pay off. The bond keep the cost of the home down. If you have a bond you could have annual maintenance costs in addition to taxes. As you have seen taxes vary by location. Utilities can also vary. Pay attention to how the home is heated. There can also be additional charges on your real estate tax bill for other services. Go to the county tax collector's site to get an idea of what charges you will face. You might want to look at larger communities in Ocala.

I'm going to assume natural gas is cheaper than electricity? Is there that big of a difference?

[thelegges]

I'm going to assume natural gas is cheaper than electricity? Is there that big of a difference?

Our 2000sf home in TV the electric for one year was $1012. In our village we have gas and electric, but our home is all electric.
That’s comparable to our up north home for electric, but we have gas for heat, so our budget is twice that for heat and air up north.

[fw102807]

There are many Manufactured Homes in very good condition that can be had at prices that will leave you with money to work with to get settled in. The homes are in fine condition. Many people are guessing about what its like to live in the Historic Section. I can tell you it is just fine. Property taxes are around $1000 after you are Homesteaded. They also bill for garbage and the fire department on the tax bill. Total in 2017 was about $1200 for the year. $100 per month. Send me a Private Message if I can be of any other assistance.

There are many, many, many owners in the Hysterical section who will be going down with the ship. Meaning they will never trade in, sell, knock down, drag away, or consider leaving this area. I am one of those. I gave Fenney a thought but decided if I want a new house I already know the perfect place to build it. Rite here.

Too many people try to pass off their opinions as fact. I am happy to hear that all is good up there and that you are enjoying it.

[Abby10]

Our 2000sf home in TV the electric for one year was $1012. In our village we have gas and electric, but our home is all electric.
That’s comparable to our up north home for electric, but we have gas for heat, so our budget is twice that for heat and air up north.

To add onto this, we have the same type of heating system up north as we do in TV, both houses being all electric. In a word, electricity is cheap in TV. I can't wait to only be paying those bills, especially after this winter. :sigh: It's the heating bills in very cold weather that kill you with heat pump systems, the air conditioning is quite efficient.

[EdFNJ]

If you did not "reside" in Florida at the time of your service you can't claim your veterans disability against your real estate taxes in Florida. My late husband was a WWII 100% disabled B24 pilot - couldn't claim.

You can get Homestead deduction if this will
Be your primary residence.

Hmmm, my sister & brother-in-law (he is 100% disabled Vietnam Vet) just moved down here from NJ last month and he seems to be not going to have to pay RE tax after his visit to the tax office. If he was misinformed he'll be quite unhappy.

[Toymeister]

Our 2000sf home in TV the electric for one year was $1012. In our village we have gas and electric, but our home is all electric.
That’s comparable to our up north home for electric, but we have gas for heat, so our budget is twice that for heat and air up north.

While bills of 84.33 a month on average for an occupied home are possible, I would budget for more. I rent my place on occasion and I have an energy monitor. I am an energy geek. I can assure you that the same home, equipped the same way can use +/- 40% depending who is operating the thermostat..

It is pretty easy to spend 200/month in August.

[VApeople]

Can someone tell me approximately how much our yearly property taxes would be?

We have a standard designer house and our taxes last year were about 1% of the value of our house.

Was that true for the rest of you?

[thelegges]

While bills of 84.33 a month on average for an occupied home are possible, I would budget for more. I rent my place on occasion and I have an energy monitor. I am an energy geek. I can assure you that the same home, equipped the same way can use +/- 40% depending who is operating the thermostat..

It is pretty easy to spend 200/month in August.

Little over a thousand a year has been pretty consistent for us year round since 2014 in our current home. Not a energy geek or have special monitoring system. We have a humidistat. We have never had a summer bill at $200. In any of our three homes. Just stating a fact of the exact amount we pay for a year of electricity. I use quick books so it's very easy to look at any bill since we bought in 2010

[Toymeister]

Little over a thousand a year has been pretty consistent for us year round since 2014 in our current home. Not a energy geek or have special monitoring system. We have a humidistat. We have never had a summer bill at $200. In any of our three homes. Just stating a fact of the exact amount we pay for a year of electricity. I use quick books so it's very easy to look at any bill since we bought in 2010

As I said, it's possible just unlikely that most people can obtain this. Just look at the facts. SECO charges .1107 per KWH for the first thousand. Less any fuel savings. This can be per .018 per KWH for an effective rate of .0927 on a good month which is quite cheap. So this means on average you are consuming 900 KWH per month.

Now if you are energy aware your always on load is 100 to 150 watts and your fridge is 110 to 125 watts. So you are down 120+ KWH before you heat the water or heat/cool the home. All this said you can have bills this low but for the poster who asked the question, s/he should plan more if they want flexibility in the budget for energy.

[thelegges]

As I said, it's possible just unlikely that most people can obtain this. Just look at the facts. SECO charges .1107 per KWH for the first thousand. Less any fuel savings. This can be per .018 per KWH for an effective rate of .0927 on a good month which is quite cheap. So this means on average you are consuming 900 KWH per month.

Now if you are energy aware your always on load is 100 to 150 watts and your fridge is 110 to 125 watts. So you are down 120+ KWH before you heat the water or heat/cool the home. All this said you can have bills this low but for the poster who asked the question, s/he should plan more if they want flexibility in the budget for energy.

I am retired I no longer get paid to over think non life threatening issues. OP asked for costs not formulated guesses. My post was exact cost paid to seco. Since we have multiple homes here, pay the bills for them, kind of have a handle on what it cost to run them, since 2010. While each person keeps their home at a certain temp, sometimes open windows, and have multiple electronics, it would be hard to say other than it does cost us less to run our designer, than the cottage or PV. I find our generation spends less time sitting in a house, and instead has a active lifestyle here. As I stated the cost to run homes here is far less than for our up north homes.

[Toymeister]

The OP asked for costs not formulated guesses.
I am not guessing I know precisely what it costs and how different appliances and decisions impact costs. Because of this I refer any requests for energy costs to the villages estimates, that is 148.00.

The poster is looking for a home at a lower price point because of this It is best to refer to cost which they can probably beat and not a cost they will find hard to obtain.

Now if you have a second home and spend time up there (summers), then the 1K annual cost is on the mark. Posting such a low number without disclosing summers away does no one any good.

[rustyp]

The OP clearly asked for the cost of taxes not how much does it cost to live here all up all in.

[thelegges]

I am not guessing I know precisely what it costs and how different appliances and decisions impact costs. Because of this I refer any requests for energy costs to the villages estimates, that is 148.00.

The poster is looking for a home at a lower price point because of this It is best to refer to cost which they can probably beat and not a cost they will find hard to obtain.

Now if you have a second home and spend time up there (summers), then the 1K annual cost is on the mark. Posting such a low number without disclosing summers away does no one any good.

Sorry I did not mention all of our homes are lived in TV full time, PV with standard ceiling, and cottage with vaulted ceiling runs about the same, both vinyl sided. Designer is stucco and the oldest built. Up north home not that it matters is lived in 10 months out of the year. So there is your disclosure. I would never intentionally post incorrect information as you have quoted. I am often pm about exact cost on different models and gladly give them so a person can have an idea of what TV can offer. So my reputation is still in tack, answered honestly and with numbers in hand, since 2010. Well it time to step away from this site for awhile, too much drama trying to help.

[Susan Schonfeld]

After $50000 homestead, 1% of your assessed home value. $300,000 = $3,000 taxes per year plus the bond + interest if you don’t pay it out.

[rlcooper70]

If you do your homework you will find a place to suit your needs in TV. The essence of the place is the list of activities and the people who are with you. If you are looking to be active this is the place for you - make it work.

[Dbraisted]

I bought a home, cash, as is, furnished, 2 bedroom 2 bath, year round Florida Room, 2 car garage, and small screened in front porch near Spanish Springs for $175000. $1100/ year taxes. Keep looking. July 2017.

[sjlarsen1]

We pay $3,691 for a designer home built in '16. Don't forget there is usually a bond associated with a home. Our bond is an additional $2,500 a year.

[HappyRetired]

I have a house we bought for a little more than your quoted range. In Sumter County, all taxes, the maintenance fee and misc items that are billed with taxes (paid in 2017) came to around $1950 for the year. We have the Homestead Exemption but not your additional veteran's deduction on the assessment. Our house is over 20 years old so the bond has long been paid. Lake County has no bond, even on the new homes, which are not cheap. They are listed at over $200,000 (because we did look). There are some nice, smaller homes in the Del Mar area (Lake County) that may be less expensive. It's been 2 years since I've kept up-to-date on listing prices. Except for new houses off of Rt 42 in Marion County, most houses north of Rt 466 are old enough to have the bonds paid off, or close to it. Yearly bond amount, if still in force, would be "around" $150 a year, possibly less for a house in that price range. We pay less than we did in PA and PA wasn't as high in taxes as NY or NJ. I can't say for other states. Good luck! I hope you find something you like.

[champion6]

I have a house we bought for a little more than your quoted range. In Sumter County, all taxes, the maintenance fee and misc items that are billed with taxes (paid in 2017) came to around $1950 for the year. We have the Homestead Exemption but not your additional veteran's deduction on the assessment. Our house is over 20 years old so the bond has long been paid. Lake County has no bond, even on the new homes, which are not cheap. They are listed at over $200,000 (because we did look). There are some nice, smaller homes in the Del Mar area (Lake County) that may be less expensive. It's been 2 years since I've kept up-to-date on listing prices. Except for new houses off of Rt 42 in Marion County, most houses north of Rt 466 are old enough to have the bonds paid off, or close to it. Yearly bond amount, if still in force, would be "around" $150 a year, possibly less for a house in that price range. We pay less than we did in PA and PA wasn't as high in taxes as NY or NJ. I can't say for other states. Good luck! I hope you find something you like.Please look at the attachment in post #21 for the facts, as of 2017.

Lake County has no bond, even on the new homes This is not true. The correct description is that Lady Lake (Lake County) homes do not have a bond. The homes in the villages of Pine Ridge and Pine Hills in Fruitland Park (Lake County) DO have a bond.

[patfla06]

Sumter County millage rate is 11.5251.

There is a villa for sale for $197K, paid $148K in 2014.
They have no exemptions and the taxes are $2,900/year.
This includes taxes, maintenance and bond.

[lindaelane]

I assume you know that around $500 a year of what you pay for "county taxes" is a local assessment by The Villages? You cannot get out of paying that. You can get a pretty good discount by filing as an official Florida resident - must show driver's license, car registration, etc. Marion has the highest taxes, but the difference is not large. Taxes go up just about every year in this part of Florida lately, but not by an large amount. Best advise was to call the three tax collector offices and ask them - but....!!! Also call the villages and ask about the various special assessments. This is not "the bond". This is extra we pay for things like having EMT services here, and I think also for our roads or something like that. By talking to the three tax offices and The Villages head office you can get a good idea of your taxes here. I"m in Marion, my home was 230K and I pay $300 a month. I am not sure how much it goes down when you buy a cheaper house - maybe not a lot. I do know you you can get what appear to be decent, small homes in your price range. Your neighbors will be close, you will have two bedrooms, but the homes are a decent place to live and the neighbors are generally nice (and in rare cases they are not, they will at least be quiet, I think).

[CWGUY]

I assume you know that around $500 a year of what you pay for "county taxes" is a local assessment by The Villages? You cannot get out of paying that. You can get a pretty good discount by filing as an official Florida resident - must show driver's license, car registration, etc. Marion has the highest taxes, but the difference is not large. Taxes go up just about every year in this part of Florida lately, but not by an large amount. Best advise was to call the three tax collector offices and ask them - but....!!! Also call the villages and ask about the various special assessments. This is not "the bond". This is extra we pay for things like having EMT services here, and I think also for our roads or something like that. By talking to the three tax offices and The Villages head office you can get a good idea of your taxes here. I"m in Marion, my home was 230K and I pay $300 a month. I am not sure how much it goes down when you buy a cheaper house - maybe not a lot. I do know you you can get what appear to be decent, small homes in your price range. Your neighbors will be close, you will have two bedrooms, but the homes are a decent place to live and the neighbors are generally nice (and in rare cases they are not, they will at least be quiet, I think).

:what:

[Ross]

It's SUMTER county, not Sumpter. Property tax is lower in SUMTER.

[Barefoot]

Sumter County millage rate is 11.5251.

There is a villa for sale for $197K, paid $148K in 2014.
They have no exemptions and the taxes are $2,900/year.
This includes taxes, maintenance and bond.

Thanks Pat, helpful post.

[ydnar9]

There are other options in the area. We live in The Plantation (just south of Leesburg on 27) which is about a 15 minute drive to Brownwood. Our house is about 1400 square feet site built home with all laminate and tile floor coverings, paver driveway, 2 stall garage on a private large lot. I estimate the worth at $165,000. A truly gated community of 2800 homes with 3 active community centers, 3 pools, one is Olympic size, and pickle ball courts, tennis courts, golf course and many other activities. I would guess this same home in the villages would be $220,000 or so. The hoa is $95 a month, my electric about $70 a month, water and sewer about $70 a month. My total to live here about $400 a month including taxes, insurance, utilities and hoa. Just writing this to let you know there are other very nice alternatives to the Villages that are more affordable. Also you can drive to the Villages and enjoy the entertainment for free and also the shopping.

[biker1]

Regarding the "$500 a year", I am not exactly sure what you are referring to. Perhaps it is the annual maintenance fee for the common areas?

My property taxes have actually dropped every year for the past 3 years.

In Sumter, there is a $124/year fee for the fire department which is billed with your property taxes.

I assume you know that around $500 a year of what you pay for "county taxes" is a local assessment by The Villages? You cannot get out of paying that. You can get a pretty good discount by filing as an official Florida resident - must show driver's license, car registration, etc. Marion has the highest taxes, but the difference is not large. Taxes go up just about every year in this part of Florida lately, but not by an large amount. Best advise was to call the three tax collector offices and ask them - but....!!! Also call the villages and ask about the various special assessments. This is not "the bond". This is extra we pay for things like having EMT services here, and I think also for our roads or something like that. By talking to the three tax offices and The Villages head office you can get a good idea of your taxes here. I"m in Marion, my home was 230K and I pay $300 a month. I am not sure how much it goes down when you buy a cheaper house - maybe not a lot. I do know you you can get what appear to be decent, small homes in your price range. Your neighbors will be close, you will have two bedrooms, but the homes are a decent place to live and the neighbors are generally nice (and in rare cases they are not, they will at least be quiet, I think).

[kstew43]

There are other options in the area. We live in The Plantation (just south of Leesburg on 27) which is about a 15 minute drive to Brownwood. Our house is about 1400 square feet site built home with all laminate and tile floor coverings, paver driveway, 2 stall garage on a private large lot. I estimate the worth at $165,000. A truly gated community of 2800 homes with 3 active community centers, 3 pools, one is Olympic size, and pickle ball courts, tennis courts, golf course and many other activities. I would guess this same home in the villages would be $220,000 or so. The hoa is $95 a month, my electric about $70 a month, water and sewer about $70 a month. My total to live here about $400 a month including taxes, insurance, utilities and hoa. Just writing this to let you know there are other very nice alternatives to the Villages that are more affordable. Also you can drive to the Villages and enjoy the entertainment for free and also the shopping.
:bigbow:
so true......we are in the process of closing the sale of our Village rental home and settling back in to The Plantation.... full time.

there are 40 homes for sale here .... and to my knowledge of owning here for the past 11 years,we have never had a sinkhole......plus the gate guards are top notch.....

Also, the villages is coming closer to us....hopefully with new commercial ventures and resturants....

[OhioBuckeye]

There are 21 homes listed in the price range of 150k to 175K on thevillages.com this morning.

Maybe I don't understand what you mean by there's no home here in their price range. Depending what you call a home! There's lots of homes on the old side in their price range. In fact there's a couple of homes over there that's brand new for $179,000. They're here & the salesmen could help you find them. But you're right they are going up in price.

[graciegirl]

Maybe I don't understand what you mean by there's no home here in their price range. Depending what you call a home! There's lots of homes on the old side in their price range. In fact there's a couple of homes over there that's brand new for $179,000. They're here & the salesmen could help you find them. But you're right they are going up in price.

Mr. Buckeye.

I didn't say there were NO homes in the range the OP was looking for. I said there were 21 homes listed between 150K and 175K on The Villages site.