Shocking Increase in Colorado Property Values: What You Need to Know

If you're a homeowner in Colorado, you may have received your 2023 Property Valuation Notice and been shocked by the increase in your property valuation. This is due to a strong economy, influx of people, high demand, and low housing supply over the past several years. As a result, higher property taxes and mortgage payments are expected in 2024. But don't worry - there are things you can do now to potentially reduce your property tax assessment. Check for errors in your Valuation Notice and appeal your property valuation with valid comparable properties. In this episode, Renee Cohen from ReneeSellsColorado.com/blog breaks down what this means for homeowners, how to navigate the process of appealing your property valuation, and what the government is doing to address the issue. Don't wait until it's too late - tune in now to learn more!