Cape Coral Florida taxable property value decreased close to 26% according to the Lee County Property Appraisers Office.  This estimated taxable value information was released yesterday by Property Appraiser Ken Wilkinson.  He stated this was one of the toughest annual valuations periods he has gone through in years. 

So what does this mean to you as the real estate consumer?  This means that most likely the Fall 2008 Trim Notices and Tax Bills should be providing some savings.  This should allow many buyers to increase their buying power by having the potential for lower property taxes by shifting around their qualifying ratios their total mortgage payment (PITI)  July 1st 2008 the property appraiser will release the certified taxable values and then in late August the property appraiser will send out the TRIM (Truth In Millage) Notices to all Lee County Property Owners.

For more information on property taxes in the State of Florida read my other blogs entitled:

Canadian Florida Property Owners Tax Information - an inquiry on how property taxes affect foreign nationals and citizens of the United States of America who live outside of the State of Florida.

Lee County Property Taxes - an analysis of State of Florida constitutional and legislative changes to real property taxation affecting residents and visitors to Lee County.

Cape Coral Taxes Decrease - a look into millage rate changes in the City of Cape Coral over the past ten years.

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For more information about Cape Coral Real Estate, Cape Coral Homes For Sale, more information about a future purchase, call me direct at  239) 340-1384 or via email at Scott@The-Extreme-Team.com.

Scott Slocum, REALTOR®
Florida Future Realty Inc.
2816 Del Prado Blvd South, Unit 2
Cape Coral FL, 33904
Direct: 239-340-1384
Scott@The-Extreme-Team.com
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