Hold Off On Renovations or Improvements
If your home’s assessed value has just increased, it might make sense to put off any renovations or improvements on the property until your tax bill catches up with the new value. If you add new features to your home or landscape, you’ll likely see your tax assessment go up. By waiting a few years before making improvements to your home, you’ll avoid the extra expense of paying higher taxes for a few years. Instead of making changes to your home as soon as you buy it, wait until your tax bill catches up to the new value of your home. Then, you can make improvements to your home without worrying about a higher tax bill.
