Uncapping (Assessment Reset)

Many states cap how fast a current owner’s taxable value can rise (e.g. 10%/yr in Texas homestead, 3% under Florida’s Save Our Homes). When the home sells, that cap is removed — “uncapped” — and the value resets to the new market price.

The result is “tax shock”: a buyer sees the seller’s low bill, then gets a much higher one in year two. Our Tax Shock calculator estimates that jump before you buy.