Home Buying in Weston>Question Details

Wynterpayis, Home Buyer in Weston, FL

why are taxes so high in weston?

Asked by Wynterpayis, Weston, FL Sat Sep 24, 2011

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Dear Wynterpayis,

Property taxes are based on what the last seller paid for his home. This tax rate will change when you become the new owner. Taxes are approximately 2% of your purchase, no matter what city you are purchasing.

Susan Penn, PA, SRF, CDPE, EWM Realtor
http://www.susanpenn.com
0 votes Thank Flag Link Wed Oct 12, 2011
I often get that same question about Parkland but when checking http://www.bcpa.net and looking at the millage tables most cities are about the same. If you go to my website http://www.parklandexpert.com then Hitchcock's Column I wrote an article about how property taxes are computed in Broward County. This may answer your question in a more complete manner.
0 votes Thank Flag Link Sun Sep 25, 2011
Wynterpayis,

Taxes are relative, but as others have pointed out the millage rate in Weston is in line with other local municipalities. In Florida, since we do not have an income tax, our main source of revenue is through our property taxes so that is very important to consider when looking at your tax bill. Just imagine the additional income tax drain a state tax would have on your total budget. When you add everything together our total tax load is very much in line with most parts of the country and a bargain compared to some. In fact, much of our growth over the coming years will be heading south from New York where many just want out because of the total tax load they are experiencing.

I hope this information is helpful but if you need anything additional please do not hesitate to give me a call.



Always at Your Service,


Tom Priester e-PRO
"Results Driven Real Estate"

Keller Williams Realty
561 308-0175
tom@tompriester.com
Web Reference: http://www.tompriester.com
0 votes Thank Flag Link Sun Sep 25, 2011
Actually, if you look at our millage rate, we are among the lowest in Broward County (see http://tiny.cc/jyrge for a city-to-city comparision - I've shortened the url). Weston is 17.6 - 18.2 millage rate while the average for the entire county is 21.7 (also go to http://www.bcpa.net and select the tab "Home Buyer's Tax Estimate). Remember, property taxes are based on assessed value which is supposed to be based on market value. If you are looking at property which was purchased during the boom years, and the current owner has not protested the assessment, then the assessed value may be much higher than the current market value which would cause the current property taxes to be much higher.
0 votes Thank Flag Link Sun Sep 25, 2011
Because of the Milleage, it varys from on city to the other and that is where they get you. Although the price of your home would go down and sometimes they raise the price of your land. So try to win aginst that. Good luck
0 votes Thank Flag Link Sat Sep 24, 2011
but then again Mike you get to be a gator
0 votes Thank Flag Link Sat Sep 24, 2011
Weston?....try Alachua County!!! Seriously, tax rates will vary, depending on a number of issues....such as the availability of industry, and commercial tax rates. In some counties where there is a state educational facility, or state business....there is no real tax base (these are tax exempt)....the burden then shifts to the residents, who must pay for the services received. Not sure of your specific situation, but just some considerations.
0 votes Thank Flag Link Sat Sep 24, 2011
HUMMMM might Weston be the Oil of progress= we come to understand, the more in Taxes we Pay the better Everyone is. So Weston is ground Zero for recovery that is comming
0 votes Thank Flag Link Sat Sep 24, 2011
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