Originally Posted by Normal (Post 2386988)

The taxes are high in either county thanks to Wildwood (Sumter County)and Leesburg (Lake County). Although Wildwood is slightly less in cost, it it’s almost negligible. What should be of concern for sure though there are the crazy high bond prices assessed to buyers because the developer avoids major impact fees so they can build, build, build.

Here is a map of the newest areas where lots are available. The vertical straight line is the demarcation between both Sumter and Lake counties. It’s a team effort by both the cities and there respective counties to milk as much as they can in taxes.

The cumulative of taxes and bond etc is a little over 10k annually on a new purchase of a 500,000 dollar home. This of course is higher than states in the top five last year: Connecticut ($8,022), New York ($7,936), Massachusetts ($7,414) and New Hampshire ($7,172).