Does a Sunroom Addition Raise My Property Taxes?
A sunroom addition can be a fantastic way to bring in more light and provide you with an extra room for relaxing, especially in the summertime. However, it is essential that you know the implications of adding this type of structure before you make your decision. A sunroom addition will increase the square footage of your home and most likely also raise your property taxes.
Here are some more reasons there might be an increase in your property taxes
Most Additions Add Costs
When adding an addition, your property taxes may increase because it is considered a significant improvement. The higher value will then be assessed for property taxes. Adding additional square footage to your home will increase your property taxes, and any improvements made with that added space may also be subject to property taxes.Zoning Regulations
Each county and town on Long Island has its own specific zoning regulations that homeowners need to follow. You will have to get a permit from your local building department and meet zoning regulations before you can build the sunroom on your home. Once done, you’ll have a good idea of how much higher your property taxes might go up afterward.Home Looks Newer
In the world of home renovations and installations, homes with additions are considered newer than those without. Homes with additions are assessed as being worth more than their original value (due to the increased size), so they have higher taxes accordingly.Contact Us For Property Tax Reduction on Long Island
Here at P.T.R.C., Inc., we are determined to help our clients pay the lowest amount of property tax as required by law. Contact us today to see how we can help you: info@ptrc.com
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