Larimer County Assessor’s Home Values 2019 – Did They Get It Wrong?
2019 Larimer County Assessed Property Value Changes
On May 1, 2019, the Larimer County Assessor’s office sent out property valuations to slightly over 153,000 homeowners in Larimer County. Every two years, they reappraise properties, and property taxes are determined by what they decide your property is worth. The Larimer County Assessor has the responsibility of putting a value on all real property — residential, manufactured, and commercial property.
Colorado law requires all county assessors to complete reappraisals in odd numbered years and to notify property owners of changes in their property values. It’s important to note that what you received in the mail, if you are a homeowner in Fort Collins or other town in Larimer County, was not a tax bill, but a notice of value for your property. Your taxes, however, will be based on that valuation, so if you believe there was something wrong with the new assessed value, it is important that you take action by June 3, 2019 in order to protest the value of your home, and to potentially have it changed.
Know the value of your home
I’ve been hearing of differences of -7% value drop to 125% value increase in property values in this round of home valuations from the Larimer County Assessor’s Office. As a Realtor® I know that prices have definitely gone up since the last times properties were valued by the Assessor, but it is important to make sure any difference they indicated is reflected by the market so that, as a homeowner, you don’t end up paying too much in taxes for the coming years.
They Got My Value Wrong...What Do I Do?
If your property value was incorrect, please send me a message (fill out the form here) and I will contact you about creating a Comparative Market Analysis that you can use to protest and possibly have your assessed value lowered by the Larimer County Assessor’s office. This step can save you money right away, because your property value is the basis for what you pay in property taxes.
Paul Can Help You Make Sure Your Value Is Correct!
Home value changes varied across the city of Fort Collins with Larimer County Assessor’s reappraisal of values for 2019.
On this map, you can see range of value change. Click here for full map. It is important to look closely at your properties value, and what is surrounding it, because that if there are big discrepancies and you are going to be paying more in taxes, then we need to do something about it.