Urbana is making a strong push to strengthen new construction sales and growth in residential homes with “Think Urbana”. The Think Urbana program provides new home builders/buyers with a reduction in real estate taxes and sales tax on the construction of new homes. See All New Homes For Sale in Urbana In a nutshell, new... Continue Reading →
It's only takes about 3 minutes, it remains effective for as long as you live in the home and it's simple! It's called the General Homestead Exemption and it allows homeowners that use the property for their principal home or dwelling to reduce their tax base by $6000. The exemption has increased over the last... Continue Reading →
Homeowners have from July 1 till early September to appeal the Champaign County Assessor's value (assessed value) of their homes. The assessed value is a main component in calculating the actual real estate taxes a homeowner will pay.