How much are property taxes+insurance Central Florida
Me an my wife are looking to move to Seminole county,
or Volusia. We have heard that insurance and taxes are out of control,
in Florida. We are looking to get a house for $120,000 to $180,000.
There is a town named DeLand that has houses listed between $150,000
Debary is a very nice bedroom community of Orlando - a neighboring city of Deltona which is not very nice. They are both much closer to Orlando than Deland. You can count on about 2% of assessed value for property taxes. This is NOT market value. You MAY save a little on your property taxes by buying a resell versus new home. Most of the time a new home assessment seems to be closer to actual market value than an older home - however due to the Save our Homes Bill where property taxes are capped at 3% - New purchasers of previously homesteaded property may pay significantly higher property tax under current Florida Law (Save Our Homes Amendment). Previous owner’s values were “capped”
the year after purchase. New owners are assessed at full value, then “capped” for future years of ownership.
I don't know for sure about property insurance. Are you currently with a national company? Allstate or State Farm? If so, you could call them and get the number to the local Florida agent. They could give you some info. In Orlando we are paying 1600 for a new 3200 sq foot concrete block home. We got a 1K credit because it was new and built to the latest hurricane codes. I'm GUESSING a new smaller home would be a little less.
Good Luck! Deland is a beautiful little almost country place. ALthough with the new development happening it won't stay country for much longer! However, it is only 24 miles to New Smyrna Beach (my favorite east coast beach) close to Blue Springs (think Manatees and snorkling) and De Leon Springs (think paddle boats, canoes, fishing, swimming, and a fantastic cook your own All You Can Eat - freshing ground Pancake Batter from THe Old Mill Pancake House) and Stetson University. I really like Deland!