Isn't the Prop-13 freezing of property tax, portable within-California?- if we trade to even a similar home, our taxes probably double due to prop 13 keeping ours artificially low - So it would likely be 3x-4x more if we traded up...
Of all of the enumerated options, my favorite would be to "upgrade" to a house that isn't necessarily larger, but is in a nicer and quieter micro-location (maybe same zip code, but with less traffic, less road noise, no LAPD helicopters, etc.), with a larger and more private yard. That way, more of the value would be in the dirt, than in the actual house. This improves chances for appreciation, as the house ages.
Statistics: Posted by unwitting_gulag — Mon Mar 11, 2024 8:49 pm — Replies 8 — Views 656