Updates from Sally Shiekman
As a seasoned broker with deep roots in Aspen, Snowmass, and the Roaring Fork Valley, I’m passionate about sharing insight into our dynamic markets. Whether you're buying, selling, or simply staying informed, my goal is to help you navigate with clarity, confidence, and a local’s perspective.
Property Taxes in Pitkin County~ A 2023 Perspective
May 31, 2023
## Property Taxes in Pitkin County: Understanding and Challenging Your Property Valuation
Homeowners in Pitkin County (actually in all counties), Colorado, may have noticed a dramatic surge in their property valuation notices. It's a trend many residents share, and it could potentially impact your tax obligations. Although this situation might cause some concern, options are available to address it.
## A Surge in Property Valuation - What's Going On?
Property values across Pitkin County have been rising consistently, which is typically good news for homeowners. However, this increase in value also means an increase in property taxes, as your property taxes are directly related to your property's assessed value. As the values rise, so do property taxes.
The state of Colorado requires county assessors to re-evaluate property values every two years, and this year it seems that property owners will experience a jump in property value and potentially in property taxes.
## What You Can Do About It
If you're concerned about this sudden increase in your property's valuation, you can challenge it. To make a strong case, you'll need a list of comparable sales in your neighborhood or a similar area. As an experienced local real estate expert, I am offering to compile a list of comparable properties free of charge.
However, keep in mind there is a timeline for this process. You must file your protest against the increased valuation by June 8th. Given the time it will take to gather the necessary data and prepare your case, it is crucial to start the process as soon as possible.
## Ready to Take Action?
If you've decided to challenge your property's valuation, don't delay. Reach out to me today and utilize my offer to assist you in gathering the necessary data for your protest. I am available at 970-948-7530 and ready to put my “Mountains of Experience” to work for you.
Remember, the deadline for filing your protest is June 8th. Start early to ensure you have a strong, data-backed case against your property's valuation increase.
Homeowners in Pitkin County (actually in all counties), Colorado, may have noticed a dramatic surge in their property valuation notices. It's a trend many residents share, and it could potentially impact your tax obligations. Although this situation might cause some concern, options are available to address it.
## A Surge in Property Valuation - What's Going On?
Property values across Pitkin County have been rising consistently, which is typically good news for homeowners. However, this increase in value also means an increase in property taxes, as your property taxes are directly related to your property's assessed value. As the values rise, so do property taxes.
The state of Colorado requires county assessors to re-evaluate property values every two years, and this year it seems that property owners will experience a jump in property value and potentially in property taxes.
## What You Can Do About It
If you're concerned about this sudden increase in your property's valuation, you can challenge it. To make a strong case, you'll need a list of comparable sales in your neighborhood or a similar area. As an experienced local real estate expert, I am offering to compile a list of comparable properties free of charge.
However, keep in mind there is a timeline for this process. You must file your protest against the increased valuation by June 8th. Given the time it will take to gather the necessary data and prepare your case, it is crucial to start the process as soon as possible.
## Ready to Take Action?
If you've decided to challenge your property's valuation, don't delay. Reach out to me today and utilize my offer to assist you in gathering the necessary data for your protest. I am available at 970-948-7530 and ready to put my “Mountains of Experience” to work for you.
Remember, the deadline for filing your protest is June 8th. Start early to ensure you have a strong, data-backed case against your property's valuation increase.