09/12/2026
55+ and thinking about moving somewhere else within California?
Before you assume your property taxes will skyrocket, you need to know about Prop 19.
For eligible California homeowners age 55+, Prop 19 allows you to transfer the taxable value of your current primary residence to a replacement primary residence anywhere in California—even if your new home costs more.
Here’s a simple example:
Your current home:
Market value: $700,000
Taxable value: $300,000
Example #1 — Same-value replacement home
You sell your $700,000 home and buy another home for $700,000.
If you meet the Prop 19 requirements, you are able to transfer your $300,000 taxable value to the new home.
That means your new home has the same taxable property tax value of $300,000, rather than $700,000.
Example #2 — You buy a more expensive home
Now let’s say you sell your $700,000 home and purchase an $800,000 home.
The new home is $100,000 more expensive, so that difference is added to the transferred taxable value.
Your new taxable value would be approximately $400,000 instead of $800,000.
That’s a BIG difference.
And this is why Prop 19 can be so valuable if you’re 55+ and considering downsizing, moving closer to your kids and grandkids, or simply finding a home that fits your life today.
Thinking about moving within California? Don’t make a move before you understand Prop 19. Then let me help you buy and sell the home you have now.
I’m hosting a no-obligation Prop 19 webinar in November where we’ll walk through the basics, examples, and what California homeowners 55+ need to know.
Comment PROP 19 and I’ll send you the information to join the November webinar.
Shelley Puentes
California Advantage Real Estate #01395691
Text: 209-278-0839
San Joaquin County CA Tracy Mountain House
Disclaimer: Consult your tax professional, estate-planning professional, or contact your county tax assessor directly for guidance about your specific situation. You can also review the California Board of Equalization’s Prop 19 resources for yourself.
