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Capping Georgia home value spikes comes to vote [Video]

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Home Based Business

Governor Brian Kemp signed HB 581, which paves the way for voters to decide whether to allow the cap in November

GWINNETT COUNTY, Ga. — April Crews loves her family. She’s in the family business of financial advising, and she has family photos posted all over her office. Protecting and providing for her family can come at a cost, and keeping a roof over her family’s head has cost more and more each year.

“Our costs have gone absolutely through the roof,” Crews said. “Since 2017, when we purchased our home, our assessed property value has increased 85%. With that, the increase in property taxes and insurance has gone through the roof.”

According to Zillow, home values in Georgia have risen 4.5% over the last year. In Gwinnett County, where Crews works and lives, home values have risen 4.7%. 

Home values help determine the amount one pays in property taxes. Crews said her property taxes have gone up about …

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