It’s that time of year again! Counties are sending out reassessment notices and updating property values that will determine your property taxes. These valuations are based on sales data from the past 18 to 24 months—meaning they may not fully reflect today’s market conditions.

With Colorado’s changing real estate landscape, assessments are shifting, and recent legislative updates have introduced new tax rates:

• Residential property assessments:
  a. 6.25% for local governments
• b. 7.05% for school districts

• Non-residential property assessments:
• 27% for commercial, industrial, and other non-residential properties

While these updates offer some relief, your assessed value may still be higher than expected due to recent market trends.

 Now is the time to find out where your home stands

 ✅ If your assessment seems too high, double-check that the county’s details on your home (square footage, bedrooms, bathrooms, etc.) are correct, errors in property data are the strongest basis for an appeal.

✅ Reach out to us! We are the top local foothills real estate team, and our feet are on the streets every day. We know this market like the back of our hands, and we can provide you with relevant sales to help you better understand the market during the valuation period. We can’t dispute your assessed value for you or guarantee the county will change their figure based on information we provide but we can help with key information that will be helpful when submitting your protest.

✅ Even if your assessment seems fair, knowing your home’s current market value is key—it could unlock unexpected opportunities whether you’re thinking about refinancing, selling, or simply want to stay informed about your largest investment.

 Let’s make sure you have the facts. Call, text, or email us today!  [email protected]  720-248-8757