Tax Confusion

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Did you know the value of your property according to the County Assessor is not the value of your property today?

Property owners up and down the Front Range recently received a postcard from their local County Assessor’s office with their new valuation.

Colorado properties are reappraised every two years on odd years.  The updated valuations determine how much property tax is paid.

Each County has their own unique processes and models for valuation, however…

All Counties must only consider comparable properties that sold between July 1, 2018 and June 30, 2020.

The value on your postcard is what your County thinks your property was worth almost a year ago.

As you are likely aware, the market today is significantly different than it was 11 months ago.  It’s actually quite different than it was 11 weeks ago!

The postcards with the new valuations tend to prompt very reasonable questions like:

  • What do I do if I don’t agree with the Assessor?
  • What is my property really worth?

We are happy to help you with either of these questions.

Our team is well-versed in the tax protest process, can help you research comparable properties and can also show you what your home is worth today. Just reach out to us if we can help you. The deadline to protest your value is June 1st.

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Bright End Unit Condo!

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225 E 8th Ave Apt 5 is a  two-story end unit Condo in Longmont! This bright and sunny home has over 1200 square feet, 2 beds, 2 baths. Solid surface flooring throughout. The master loft has additional space for a potential home office or second living area, large walk in closet and a washer and dryer. Relax in the open and inviting living room featuring a wood burning fireplace. Main floor bedroom. All appliances included. Outdoor patio. Neighborhood pool. Oversized Mechanical room for extra storage. Don’t let this one get away. Contact Alexis Foster at (970) 310-6999 for your private showing for more information or click the link below for more details.

http://windermerewindsor.com/listing/132789765

 

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West Fort Collins Gem!

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2543 W Laurel St is all about location! This West Fort Collins home is located across the street from Rogers Park and tucked in a cul de sac. No HOA and extra parking for your toys! Lots of natural light in this 4 bedroom, 2 bath home w/ air conditioning. Large fully fenced backyard for entertaining has sprinkler system and 12′ x 10′ storage shed. Lower level has large rec room with wet bar and wood burning stove as well as two additional bedroom and bath. Enjoy the convenience of quick access to Horsetooth, CSU, Old Town and walking distance to City Park. Contact Kelly Swift at (970) 310-4876 for your private showing for more information or click the link below for more details.

http://windermerenoco.com/listing/132591984

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Custom-Built Beauty!

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2856 Sitting Bull Way is a one of a kind opportunity in Fort Collins! This custom built home offers an in-home business opportunity on the lower level, 17 steps to work! High vaulted ceilings and ICF walls w/ sound insulation & is zoned for a “vocational school” which create options for this unique property. Ranch style home features 3 bedrooms and 3 bathrooms on the main level, w/ high vaulted ceilings and details like a 3 sided fireplace in the kitchen and living room area. Deck right off the master bedroom, and a wrap around porch facing the Ridgen Farm Park. The lower level walkout features 2 large spaces perfect for your in home business (previously used as music studio and school), or your own space for entertainment and living areas with 10 foot ceilings. It can also be accessed via an ADA ramp from the side of the home, which includes radiant hot water heat downstairs & even the ramp so you won’t have to shovel snow. Skylights, new roof and exterior paint, 4 car off street parking, and near bike paths. Contact Paul Hunter at (970) 673-7285 for your private showing for more information or click the link below for more details.

http://windermerenoco.com/listing/132735975

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Want a house in Fort Collins? Grab $500,000, get in line and join the housing Hunger Games

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“Buying a house in Fort Collins these days can feel like a combat sport. Maybe more like the

‘Hunger Games.’ Or Charlie Brown and the football — every time you get close to the ball,

Lucy whisks it away…”

 

Pat Ferrier at the Fort Collins Coloradoan breaks down the housing market in Northern Colorado with the help real estate professionals across the front range. Click the link below to read on!

 

Fort Collins real estate_ Average home price near $500K in market

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West Fort Collins Tri-Level!

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666 Hanna St, Fort Collins is a nice 3 bed/2 bath tri-level in the Hanna Subdivision. Main floor living room and kitchen that opens to a large backyard perfect for entertaining or fire pit sitting on warm Colorado nights. Upstairs has two bedrooms and a full bathroom. Downstairs has a family room area with a neat wood burning stove, third bedroom, and second 3/4 bathroom. Newer exterior paint and roof. Just over 1 mile to Old Town & .6 miles to Poudre River Trail. Great opportunity for the first time buyer or investor! Contact Greg Rittner at (970) 682-3050 for your private showing for more information or click the link below for more details.

http://windermerenoco.com/listing/132530945

 

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Remodeled Fort Collins Home!

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617 Joanne Street is a beautiful, remodeled home in Fort Collins. With a walkout basement, cork floors, deck, new kitchen and updated bathrooms, this home has a lot to offer! This home is in amazing shape and includes new windows and a newer water heater. Great access to I-25, minutes to Old Town, and a neighborhood pool all add to a great lifestyle you could have if you decide to make this your next home!

http://windermerenoco.com/listing/132535510

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Colonial-Style Gem!

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2774 Nottingham Square is a five-bedroom, colonial-style home. Facing a large community open space and sitting on one of Central Fort Collins‘ most coveted streets, this gorgeous home features an updated eat-in kitchen with high-end cabinets, granite and wood floors. The great room features a sitting area, dining space and classic fireplace. Upstairs, you’ll find three bedrooms, including a beautiful primary suite. The finished basement boasts a rec room, two additional bedrooms and bath, along with flood detection and active radon mitigation systems for peace of mind. Relax or entertain around the front yard fire pit or on the canvas-covered back patio with fabulous hot tub, just steps away from the fully landscaped yard with garden space and large trees. Two car garage. Just around the corner from Rocky Mountain High School and most any service this amazing community has to offer!

http://windermerenoco.com/listing/132524420

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Colonial-Style Gem!

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2774 Nottingham Square is a five-bedroom, colonial-style home. Facing a large community open space and sitting on one of Central Fort Collins‘ most coveted streets, this gorgeous home features an updated eat-in kitchen with high-end cabinets, granite and wood floors. The great room features a sitting area, dining space and classic fireplace. Upstairs, you’ll find three bedrooms, including a beautiful primary suite. The finished basement boasts a rec room, two additional bedrooms and bath, along with flood detection and active radon mitigation systems for peace of mind. Relax or entertain around the front yard fire pit or on the canvas-covered back patio with fabulous hot tub, just steps away from the fully landscaped yard with garden space and large trees. Two car garage. Just around the corner from Rocky Mountain High School and most any service this amazing community has to offer!

http://windermerenoco.com/listing/132524420

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5.5 Million Short

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New home construction is behind by 5.5 million homes over the last 14 years.

Since 2007, new home starts have lagged significantly behind the long-term average.

The Census Bureau started tracking National new home starts in 1958.

Between 1958 and 2007, an average of 1,102,938 new homes were started each year.

Between 2007 and 2020 the average fell to 708,186 which represents a shortfall of 394,752 per year.

That adds up to a total shortfall of 5,526,525.

The under-supply of new homes is of course a significant reason why the market is under-supplied overall.

credit Inman News as the source of this story

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