[charlie1]

Originally Posted by RoboVil

Well, the landscaped house a few doors down just listed for $475k and my non-landscaped house is assessed at over $600k. Every measure indicates housing values in the Villages have fallen since 2023 which was the peak, yet assessment has increased each year. Established home valuations (excluding new homes) have fallen by about 7.8% since 2023. Did the assessment of your house decrease by 7.8% since 2023. Mine didn't. It increased each year. Proof enough for you?

My original assessment did go down! However, after it was ADJUSTED by SAVE YOUR HOME exemption it did go up. Remember that SAVE YOUR HOME allows your assessment to go up 3% each year and gives you an exemption for the difference which is cumulative over the years. On years where the values go down, money is taken from the accumulated benefits to reach the 3% increase! My save your home exemption raised dramatically in prior years but decreased last year! Saved me money during the uptick in home values. Now I am paying some of it back!