Del Webb Heartwood: The True Cost of Ownership

The sticker price is the smallest part of the story on the Georgia coast. Here is the all-in annual cost on a representative $450,000 Heartwood home — taxes, HOA, and insurance included — with every assumption labeled so you can plug in your own numbers.

Annual carrying cost (excluding mortgage)

CostAnnual estimateBasis
Property tax (county + school)~$3,626Bryan County 2025 millage on 40% assessed value, standard homestead. Add ~$717 if the lot is inside Richmond Hill city limits.
HOAConfirm with builderCovers landscaping, guard gate, amenity upkeep. No firm public figure published at writing — get it in writing before you sign.
Homeowners insurance (incl. wind)~$3,000–$4,000Savannah-area average runs ~$3,053 for $300K dwelling; a $450K new build trends higher. No state wind pool.
Flood insurance (separate)~$600 to $2,800+Highly lot-specific on Jericho River marsh. Pull the FEMA zone for the exact homesite.
Estimated annual total (ex-mortgage)~$7,200–$10,400 + HOARange driven mostly by the flood-zone of the specific lot.
The flood line is the swing factor. Two identical Heartwood homes can differ by $2,000+ a year in insurance based purely on lot elevation and flood zone. This is the single number to nail down before you choose a homesite — see the coastal insurance guide.

The income-tax offset

On the other side of the ledger: as a Georgia retiree, your state income tax is likely near $0thanks to the retirement exclusion and Social Security exemption. For many buyers relocating from a high-income-tax state, that annual income-tax saving roughly offsets the coastal insurance premium — which is exactly why you have to model both together, not one at a time. See the Georgia retirement tax guide.

How to use this

Take your target home price, run the Bryan County tax math (40% assessment × millage), get a real homeowners and flood quote for the specific lot, and add the builder’s current HOA. That four-line total — not the list price — is what you’re actually committing to. The total cost comparison does the same across Richmond Hill and Pooler.

Sources: Bryan County / Bryan County Schools 2025 millage; Insure.com Savannah HO average; FEMA NFIP coastal flood ranges. All figures are illustrative estimates — confirm current HOA, tax, and insurance quotes for your specific home. General information, not financial advice.

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