How Proposition 19 Impacts Home Sellers in San Diego

If you’re a long-time homeowner in San Diego, Proposition 19 may significantly affect your decision to sell.

Under current California law, homeowners who are 55+, severely disabled, or victims of wildfire or natural disaster can transfer their existing property tax base anywhere in California when purchasing a replacement home. This can be done up to three times for eligible homeowners, provided the new home is purchased within two years. Even buying a more expensive home is possible, with an adjusted tax basis.

For many San Diego sellers, this creates flexibility to downsize, relocate, or move closer to family without losing historically low property taxes.

However, Prop 19 also changed inheritance rules. To retain a parent’s tax base, a child must use the home as their primary residence, and limits apply. Non-primary residences are typically reassessed at current market value.

Because property taxes can dramatically affect long-term costs, understanding how Proposition 19 applies to your specific situation is essential before listing your home.

If you’re considering selling in San Diego and want to understand how Prop 19 impacts you, I’m happy to walk you through your options.

Amy Saflar DRE 01238780 Coldwell Banker West