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True Cost of Trilogy Valor

HOA + Canyon County property tax + homestead exemption + insurance — the complete annual breakdown for a $420,000 home

All-In Annual Cost — $420,000 Home, Primary Residence, Canyon County

ComponentMonthly (est.)Annual (est.)Notes
HOA~$230–$290/mo~$2,760–$3,480/yrTrilogy resort-tier HOA — verify current rate with Shea Homes
Canyon County property tax (after homestead exemption)~$238/mo~$2,860/yrEffective ~0.88%; $125K homestead reduction applied
Homeowners insurance~$100–$175/mo~$1,200–$2,100/yrHigh desert Idaho — no hurricane or wildfire-interface premium for Kuna location
Utilities~$175–$275/mo~$2,100–$3,300/yrIdaho Power — low rates nationally
State income tax$0 (most retirees)$0Idaho $95,870 married deduction + SS exempt
Total annual housing cost (ex-mortgage)~$8,920–$11,740/yr
Idaho Homestead ExemptionCanyon County homestead exemption: same 50% rule as Ada County, capped at $125,000 reduction. Apply with Canyon County Assessor after closing. Unlike Tennessee, Idaho homestead exemption renews automatically after initial filing.

The Idaho Financial Advantage — Why These Numbers Work

Idaho’s combination of the $95,870 married retirement income deduction (plus Social Security separately exempt), the 50% homestead property tax exemption, and Idaho Power’s low utility rates produces annual housing costs that are substantially below comparable communities in Florida, Texas, and most other major retirement markets. The comparison that resonates most for buyers coming from California: these numbers are often $8,000–$15,000 per year lower than what they were paying in property tax alone in the Bay Area or Los Angeles.

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