02/26/2026
Thinking of selling your Cape Cod home soon? The new transfer tax could affect your bottom line. I can explain exactly what it means for you.
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Cape Cod moves closer to funding “missing middle” housing with a real estate transfer tax on home sales over $1 million, after the Barnstable County Assembly approved a home rule petition.
The petition lowers the luxury tax threshold from $2 million to $1 million and allows localities to set rates between 0.5% and 4% on the portion above $1 million. It could generate about $60 million annually for affordable, year-round housing.