09/21/2026
A $1.8M home could have LOWER property taxes than a $1.4M home. 👀
It sounds backwards, but it’s possible.
Property taxes aren’t simply based on what you pay for a home. They’re based on its assessed value, which can be very different from its current market value.
Things like the property’s characteristics, finished living space, renovations and assessment history can all play a role.
And because property taxes are an ongoing cost, they can make a meaningful difference to your monthly housing expenses.
So when comparing homes, don’t just look at the purchase price.
Look at the full cost of owning the home. Follow for more Real Estate Tips and share this with a friend considering a move.