The SHOCKING Truth About Santa Fe's Mansion Tax Impact on Luxury Homes
📅 Book Your FREE Real Estate Consultation: 👉 https://kennycrowley.com/contact 🏠 Find Out Your Home’s Value: 👉 https://kennycrowley.com/home-valuation 🔎 Search Homes for Sale: 👉 https://kennycrowley.com/home-search/... 📲 Contact Kenny Crowley: Kenny Crowley | REALTOR® 📧 [email protected] 📞 (828) 333-0272 🏢 Brokered by The Agency Santa Fe 🏡 Santa Fe Real Estate – Living in Santa Fe New Mexico Helping Buyers, Sellers, and Investors in the Greater Santa Fe area. 🎯 Santa Fe’s New Mansion Tax Explained | What Luxury Buyers & Sellers Need to Know Santa Fe’s new mansion tax is one of the most talked-about changes in the local housing market — and it could have a real impact if you’re buying or selling a home over $1 million within city limits. In this video, I’ll break down everything you need to know about how this new 3% luxury home tax works, when it takes effect, and what it means for both buyers and sellers in the Santa Fe market. You’ll learn: ✅ What the Santa Fe mansion tax is and when it applies ✅ How much you can expect to pay (with real examples) ✅ What the tax funds will be used for ✅ Legal updates and implementation timeline ✅ How title companies are handling the new tax ✅ Which neighborhoods and property types are affected ✅ How to adjust your buying or selling strategy accordingly If you’re in the luxury real estate market or planning to buy or sell in the near future, this is essential information to help you plan ahead and make informed decisions. 🏡 Preferred Home Searches 🏡 🏠 Tesuque, NM: https://kennycrowley.com/neighborhood... 🏠 Las Campanas, NM: https://kennycrowley.com/neighborhood... 🏡 Hyde Park, NM: https://kennycrowley.com/neighborhood... 🏡 Eldorado, NM: https://kennycrowley.com/neighborhood... 🏡 Santa Fe, NM: https://kennycrowley.com/neighborhood... 🏡 ABOUT Kenny Crowley I’m Kenny Crowley, your local real estate expert with The Agency Santa Fe. With years of experience helping buyers, sellers, and investors, I’m here to make your next real estate move seamless and successful. This channel is your go-to source for: ✔️ Santa Fe real estate market updates ✔️ Buyer and seller education ✔️ Lifestyle and community highlights ✔️ Investment property insights 📌 CHAPTERS 00:00 Introduction 00:42 What Is the Santa Fe Mansion Tax? 1:12 Why the Tax Was Created 2:18 Legal Timeline & Recent Court Updates 3:30 When the Tax Takes Effect 4:00 What Buyers and Sellers Need to Know 4:50 Who Is Affected 5:31 Market Impacts and Strategy Tips 6:13 Final Thoughts and How to Prepare 📄 DISCLOSURES This video is for informational purposes only and reflects personal opinions. Some links may be affiliate links that help support the channel at no extra cost to you. #SantaFeRealEstate #SantaFeMansionTax #SantaFeLuxuryHomes #SantaFeHousingMarket #LivingInSantaFe
