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The median commercial property increased 17 percent in value compared to two years prior, while residential properties saw a median increase of 33 percent, according to the Denver assessor.
Nine county assessors along Colorado's Front Range revealed median increases in properties. The two-year increases are unprecedented, ranging from 33% in Denver County to 47% in Douglas County.
In just a week, homeowners across the Denver metro area will be staring at numbers that may come as a shock: Their property values may have jumped by up to 45% or even higher for some areas.