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SAVE OUR HOMES

Your understanding of Save Our Homes (SOH) will help you avoid being surprised by higher real estate taxes. 

 The potential for substantial increase in assessed value and property taxes is not often a topic discussed during negotiation of the property purchase. 

The property taxes for a new buyer are almost always more than a former owner due to the removal of the SAVE OUR HOMES Cap.

Save Our Homes is a constitutional amendment passed in 1992 by the voters of the State of Florida and effective January 1, 1995 .

  The amendment limits the value increase for homestead properties by no more than 3% of the assessed value (THE SAVE OUR HOMES Cap).

The calculation you just viewed on the Parcel Detail Page illustrates the benefit of the SAVE OUR HOME Cap that is currently applied to this property.

 

 

 
 
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Eastham Road · Winter Park, Florida · 32792
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