Volusia County, Florida Property Taxes

Homeowners in Volusia County, FL, have the opportunity to appeal their property tax assessments if they believe their property has been overvalued. The process begins with a thorough review of the assessment notice, which is typically mailed out annually. If a homeowner disagrees with the assessed value, the first step is to file a petition with the Value Adjustment Board (VAB) within a specific timeframe, usually outlined on the notice itself. This petition initiates the formal appeal process.

Once the petition is filed, a hearing is scheduled where the homeowner can present evidence to support their claim. This evidence may include recent sales data of comparable properties, an independent appraisal, or documentation of any discrepancies in the assessment. During the hearing, both the homeowner and the county appraiser's office present their cases. The VAB, which consists of appointed members, listens to both sides before making a decision.

The potential outcomes of the appeal process can vary. If the board agrees with the homeowner, the property's assessed value may be reduced, leading to a lower tax bill. However, if the board upholds the original assessment, the homeowner will be responsible for the original tax amount.

Navigating this process can be complex, and that's where Ownwell comes in. Ownwell provides expert guidance to homeowners, helping them gather the necessary evidence and presenting a compelling case to the VAB. With a deep understanding of local property tax regulations and a proven track record, Ownwell increases the chances of a successful appeal, potentially saving homeowners significant amounts on their property tax bills.

Volusia County offers several property tax exemption programs to help homeowners reduce their tax burden. One of the most significant is the Homestead Exemption, which is available to homeowners who use the property as their primary residence. This exemption can significantly lower the assessed value of the home, resulting in reduced property taxes. To qualify, the homeowner must have legal or equitable title to the property and reside there as of January 1st of the tax year.

Additionally, Volusia County provides exemptions for senior citizens, disabled veterans, and widows or widowers. Senior citizens aged 65 or older with limited income may qualify for an additional exemption, further reducing their tax liability. Disabled veterans with a service-connected disability can benefit from an exemption that decreases their property's assessed value, while surviving spouses of veterans or first responders may also be eligible for specific exemptions.

To apply for these exemptions, homeowners must submit the appropriate application forms to the Volusia County Property Appraiser's Office, typically by March 1st. Ownwell can assist homeowners in navigating the application process, ensuring they meet all eligibility requirements and deadlines. By leveraging Ownwell's expertise, homeowners can maximize their savings and fully benefit from the available exemption programs in Volusia County.