Were you 65 prior to January 1, 2017? Have you lived in your present home for more than 10 years? Yes, and yes? Have you applied for the Senior Property Tax Exemption? No? You have until July 15 to apply for the exemption for 2017 taxes. The Colorado General Assembly voted in 2000 to give the ‘homestead exemption’ to seniors over 65 who have lived in their home for over 10 years, taking effect in property tax year 2002. Under the exemption, 50 percent of up to $200,000 of a residential …
Local Real Estate News
Selling and Buying a Home Calls For Respect — and a Little Paint
‘Tis the season. Sellers and buyers are prowling the streets of northern Colorado—sellers are (hopefully) putting their best foot forward to get the best offers and buyers are making a series of offers, optimistic that one of them will be accepted. Some sellers think slapping a price on a house and putting a sign in front will do the trick. It could, but why not guarantee you’ll get a couple of great offers based on how you took the time and a little bit of effort and money to make your home …
Property Tax Woes? Listen Up.
Sometimes ignorance isn’t bliss. Four things you ought to know as property owners in Larimer County You have until June 1 to protest the 2017 valuation on your house. If you are 65 or over and have lived in your home for more than 10 years, you are eligible for a reduction in your property taxes. It’s called the Senior Exemption. If you are a 100% disabled vet, you are also eligible for the same exemption. Your deadline for the Senior Exemption is July 15 to get your 2017 taxes reduced. …
24 Tax Property Protests Later…
I spent most of last weekend pulling ‘comps’ for clients looking to protest their 2017 property tax assessments. Larimer County has a nifty feature that allows you to pull up your own comps (sales that are comparable), but they don’t have all the features provided by our local MLS. Has it been remodeled? Was it a hoarder’s paradise? Was it a bi-level or ranch with one bedroom on the main with a weed production facility in the basement? We can’t always tell if someone has been growing pot but …
Protest Your Tax Assessment (maybe)
I’m up to 22 as of this morning. I wish it were 22 running miles but my wrecked knee precludes that. I have 22 requests to help clients protest their tax assessment in Larimer County. I expect that to double as the month progresses. People are asking if it’s worth it and my answer depends on the difference between their 2015 assessment and 2017’s. It seems as if the 2015 assessments were reasonable and I didn’t have many clients asking for help. Most of us shrugged our shoulders and accepted …
It’s Property Tax Assessment Time!
I just opened the postcard from the Larimer County Assessor’s office. Yikes! My simple ‘70’s ranch home near the Foothills Mall increased in value by more than 30% in two years. I was expecting the value to go up but not nearly $100,000. I went looking for answers and saw this headline on the Larimer County website. Property Values in Larimer County Are Up. Unfortunately, The Assessor’s Office Noticed --Steve Miller, Larimer County Assessor I’m not sure there’s much any of us can do about …
