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Full news conference: Property values jump 35% to 45% across Denver metro area
Posted
April 27, 2023
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April 27, 2023
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1:01:48Now PlayingProperty assessors for nine metro Denver area counties announced on Wednesday that property valuations, which help determine how much homeowners pay in property taxes, saw double-digit increases in their biannual assessment.
Douglas County saw the largest median residential increase at 47%, and the lowest was 33% in Denver. The metro area also includes Adams (38% increase), Arapahoe (42%), Boulder (35%), Broomfield (41%), Elbert (35%), Jefferson (36.5%) and Larimer (40%).
Assessors observed transactions and market conditions from Jan. 1, 2021, through June 30, 2022. Assessments will be mailed to property owners by May 1.
Property owners are encouraged to visit their county assessor's website to research sales their area during that timeframe. Anyone who thinks their property value is incorrect can file an appeal between May 1 and June 8.
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