Posts from December 2023.
New Home, New Construction...New Taxes

Buying a residential new construction home is exciting! A homebuyer of a newly constructed home gets to enjoy the chance to select everything that goes into the home, all the details, appliances, flooring, fixtures, tiles, lighting, etc. It can be overwhelming and exciting in equal measure.

One BIG detail that is often overlooked is the effect that new construction has on property taxes in Pennsylvania.  With very few exceptions, every property has a tax assessment whether the property is exempt from taxes or assessed as vacant land, agricultural, a builder’s lot or fully assessed ...