San Diego Taxable Value Hits Record $845B 📊
San Diego County’s total assessed property value reached a record-setting $845 billion, marking 14 consecutive years of growth and generating essential revenue for local services.
• Solid Growth: Assessed values rose 4.86% ($39 billion increase), demonstrating continued regional real estate strength.
• Record Tax Savings: Local property owners secured $346 million in tax savings, including exemptions for homeowners, seniors, and disabled veterans.
• Prop 13 Impact: Over 93% of local properties benefited from Proposition 13 protections, keeping annual tax increases capped at 2%.
Curious how current assessed values impact your home’s equity or buying power in San Diego County? Reach out today to evaluate your real estate strategy!
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