The post-COVID real estate boom drove a sharp increase in Eagle County’s assessed value. That’s led to an increase in property taxes, but the amount of that increase depends on where you live. Calculating increases.
The Eagle County Board of Commissioners on Tuesday took about an hour to discuss the organization’s 2023 accomplishments. There was a lot to talk about. The annual State of the County presentation featured all three.
As home prices have jumped in the past few years, so have the estimated values for property taxation purposes. Plenty of property owners have taken exception. According to Eagle County Assessor Mark Chapin, 7,009 appeals.
Eagle County Assessor Mark Chapin prepared an astute estimate of the value of the median residential home from 2022 to 2023. The median price was valued at $750,000 in 2022 with about $3,400 in annual.
Get ready for sticker shock. Property in Colorado every two years is revalued by county assessors across the state. Those values are then used to determine the basis for property taxes. Given the runup in.