Updated October 2019 The startling truth about the cost of living in Sarasota is………that it is “challenging” in some places – money-wise. If money didn’t matter, there’d be plenty of fabulous places to spend the retirement or to raise your kids. A penthouse on Longboat Key, overlooking the beautiful Gulf of Mexico, or a 4,000 sq ft Pool-Home in the Oaks Club, with golf course view, would be perfect. Perhaps a beautiful property in one of Sarasota’s most beautiful Ranch Communities would be your dream? Bring your animals and have fun in the sun. You will all love it! For many homebuyers, money does somehow matter. You may be able to buy a great home at a rock-bottom price, but when the monthly Homeowners Association bill hits your mailbox, your face may turn a whiter shade of pale. Paying the price for the home is one thing, coming up with the monthly expenses for the years to come can become a real task …..and it can put a noticeable dent in your retirement funds. You know already, there is not too much you can do about taxes and insurance. Only the assessed value determines the amount of your property tax. If you want to pay fewer taxes, you can just buy a cheaper property, or you can try to bribe the county property appraiser? Shopping around for homeowners insurance may save a few dollars more. Comparing different companies and different policies can […]

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