2023 Property Tax Info & Appeal Process
The rapid rise in real estate values over the past few years has been great news for sellers. And for those thinking of selling soon.
But for anyone who is staying in their home for awhile - the rise in values has a different impact.
It's that time of year when the County Assessor's office sends out property tax valuations to homeowners in Colorado.
It's likely that you're feeling a bit of sticker shock with your new valuation and resulting tax increase
You're not alone.
Colorado law requires a new valuation every two years to ensure that property taxes remain current with the cost of residences. It's important to remember that property taxes fund a variety of services that we all rely on, from schools and roads to government operations, infrastructure, libraries, snow removal, police and fire, and other essential services.
As friends of mine, I want you to be prepared and to know your options.
I've put together a comprehensive blog article and video that provide guidance on:
How to Decide if an Appeal is Valid
How to Calculate your Monthly Tax Increase
How to Prepare for Higher Tax Payments
DON'T FORGET!
The deadline to appeal your property tax valuation is June 6th, 2023, so it's important to take action now.
Read our Full Blog post here