Collier County - Naples - 2013 Taxable Property Values Rise

Prelimary tax rolls indicate 3% increase over 2012 tax rolls

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Lifted by a large increase in new construction and rising resale home prices, in large part due to dwindling resale property inventory, the taxable property value for Collier County rose to more than $60.5 billion for 2013 up from $58.9 billion in 2012. These numbers provided by the county's property appraiser to municipalities for budget planning purposes are preliminary and were reported today in The Naples Daily News.

$60.5 billion represents the value of the total taxable base as of January 1, 2013.

There is a wide variation, however, regarding taxable property value increases within Collier County as follows: Naples +5.36%, Marco Island +1.82%, Everglades City +1.45%, and unincorporated Collier County +3.14%. The contribution due to new construction varied as well for Naples, Marco Island, and unincorporated Collier County as +20.8%, -22.1%, and +29.8% respectively.

Taxable property values go up and down with the real estate market new sale and resale prices and the taxable values do not, most all the time, represent what one might expect to buy or sell any given property for. Consult with your REALTOR regarding any particular area or property for more specific information.