Notice of Valuation – Property Taxes and Appeals.

May 19, 2017
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Notice of Valuation 

The County Assessor’s office is gearing up to send out
Notice of Valuations based on recent sold data in your neighborhood. The
Assessor’s office refers to these notices as “Invitations” because of the high
number of protests they receive. There is expected to be 14,000-17,000 appeals
that will be processed by Boulder county during the one month window of
appeals. These are reevaluated every two years and the basis for the taxes you
pay in 2018 for 2017 taxes (taxes are paid in arrears).

Here are things You Need to Know: 

 The numbers sent out
to you by the county are computer generated, you should research accuracy based
on previous sales in your neighborhood.  It is most likely your taxes will increase as
a reflection of what our market has done the last 2 years!   Notice
of Valuations will be sent out by the county May 1, 2017. Protests MUST be
received by Boulder county between May 1, 2017- June 1,2017. Some counties have
extended dates, but not Larimer County.   Be Prepared! 
 You need 3 recently sold MLS
sheets to protest your valuation. They must be similar properties.  For unique properties you may go back up to 5
years for comparable properties. o You can submit the protest in person: You
can also submit the appeal online with your pin number from the Notice of
Valuation you receive in the mail.  o
Appeals will also be accepted via fax and mail to the Assessors office.   Reviews of Protests will be process by the
county in June.  Determinations will be
sent out at the end of June.

For
more information visit the Assessors page here.
 

If you need help gathering sold data to present during the
appeals process or help with the process itself, I would be happy to assist. I
have a team of experts that can assist in the cases that aren’t straight
forward who have had great success in lowering valuations in the past. If you
have had a thought of selling or buying let’s have a conversation on how my
process can help achieve your goals. 

*All information has been gathered from the Boulder County
Assessor’s office.

 

All the Best,   

Maggi Kelly

8z Real Estate