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colorado county assessors: Why Colorado Assessors are going to need TUMS - 02/06/09 11:05 PM
When Colorado homeowners get that property tax valuation in the mail, they might expect that their taxes will be lower.  We all know, or have heard that housing values have been falling!
Wouldn't our tax bill fall too?
  
That won't happen, and this is why:  In Colorado, this year's valuations are based on values beginning in 2006, when home prices were going up and we didn't have  the amount of foreclosures as we do now. 
This is the law that governs the way property is assessed.
In Colorado, State law required values are based on two years of neighborhood property sales. For this … (27 comments)

 
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Mary Douglas, REALTOR ®, Red Feather Lakes, Colorado

Red Feather Lakes, CO

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United Country Ponderosa Realty

Address: P.O. Box 184, 23340 Red Feather Lakes Rd., Red Feather Lakes, CO, 80545

Office Phone: (970) 881-2195

Cell Phone: (970) 231-5756

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