Property Value Information

Revaluations

All property in Colorado is revalued every odd-numbered year. 

Notice of Valuations for all properties, except personal property, are sent out May 1st. Notice of Valuations for personal property are sent out June 15th. 

Market sales which are used for the 2023 reappraisal year are sales that occurred between July 1, 2020 and June 30, 2022.

  • Your real property was valued as it existed January 1st of the current year. The tax notice you receive next January will be based on this value.
  • All property in Colorado is revalued every odd-numbered year. (39-1-104(10.2)(a), C.R.S.)
  • The appraisal sale data used to establish real property value was from the 24-month period ending June 30, 2022 (39-1-104(10.2)(a), C.R.S.). If the data is insufficient during this time period, the Assessor may also use data from a 5-year period ending June 30, 2022. State statute prohibits the use of appraisal sale data after June 30, 2022; that data may be considered in the 2023 appraisal. (39-1-104(10.2)(d), C.R.S.)
  • An assessment percentage will be applied to the actual value of your property before property taxes are calculated.
  • The current assessment percentage for improved residential properties is 7.15%.   Generally, almost all other property, including vacant land, is assessed at 29%. (39-1-104.2 and 39-1.104(1), C.R.S.)
  • A change in the projected residential assessment percentage is not grounds for protest or abatement of taxes. (39-5-121(1), C.R.S.)

Appeals

Real Property

An appeal can be submitted to protest your current year value or classification for Real Property after the Notice of Valuations are sent out on May 1st. 

The real property deadline to appeal to the Assessor is June 8.

The Assessor must make a decision on your protest and mail a Notice of Determination to you by June 30th. If you disagree with the Assessor's determination, or if you do not receive a Notice of Determination from the Assessor, you must file a written appeal with the County Board of Equalization on or before July 15th.

Personal Property

An appeal can be submitted to protest your current year value or classification for Personal Property after the Notice of Valuations are sent out on June 15th.

The personal property deadline to appeal to the Assessor is June 30th.

The Assessor must make a decision on your protest and mail a Notice of Determination to you by July 10th. If you disagree with the Assessor's determination, or if you do not receive a Notice of Determination from the Assessor, you must file a written appeal with the County Board of Equalization on or before July 20th.


Disclaimer

If the date for filing any report, schedule, claim, tax return, statement, remittance or other document falls upon a Saturday, Sunday, or legal holiday, it shall be deemed to have been timely filed if filed on the next business day, 39-1-120(3), C.R.S.