County Property Values Continue To Soar

    Lake County Property Appraiser, Carey L. Baker, has released the Best Estimate of Taxable Values to the taxing authorities. These values allow various government agencies to begin their budget planning with final values to be completed by July 1. These values include real estate, personal tangible property (business equipment), and all new construction occurring in 2022.
   “The new construction numbers tell the story,” said Baker. “Lake County is experiencing near record growth in both residential and commercial construction. Lake County is poised to break our previous record hauling in $1.386 Billion in new construction value.”
   This increase represents an 18.51% increase over last year’s strong numbers and significantly contributed to the county’s overall increase of 13.33% in total taxable value.
   Lake County's growth in both value increases and new construction continues to make Lake County one of the hottest real estate markets and fastest-growing counties in Florida. Extraordinarily, 7 of the 14 cities experienced over 15% increases in taxable value.
   Below are the 2023 Best Estimate of Taxable Values for the county, 14 municipalities, and the School Board.