Is The Villages Prepared For The Coming Assessment Battle?

The Villages, like other Florida cities, will have to reassess many properties in the current downturn of the real estate market. Even though its a slow, gradual decline, The Villages residents will question their assessments when the value decline gets to a certain point. Florida has 3 of the top 10 cities in the country with the highest tax increase in the last 4 years. What will this do to The Villages tax revenue? Will new builds be able to maintain that tax base that Sumter, Lake and Marion Counties have benefited from?

00:00 Introduction
05:09 Home 1 The Villages
10:39 House 2 The Villages
15:16 House 3 The Villages

Mark Gilbo
NY & FL Lic Re Broker
Gilbo Realty
315-804-4847
[email protected]

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