We recommend you ask TaxDetective to appeal your property valuation whether or not you think it is fair.
Why?
You probably don't know your property's market value. You probably don't understand the intricacies of the Assessor's system for fairly assessing properties. Because there is generally no up-front cost and it takes you only a few moments why wouldn't you want to do this?
The Assessor does the best job possible as prescribed by Colorado state law. On alternate years, they need to accurately value each property in the county. The Assessor uses a Mass Appraisal System. This "macro" approach sets current valuations for all properties from a relatively small number of sales from a certain time period. This is a big job! Given their resources and the time in which they have to do it, they do it fairly well.
Why this works? TaxDetective uses a "micro" approach. It looks at your individual property with its specific characteristics. This oftentimes produces a very different valuation, thereby lowering your property tax!
Do others recommend appealing property valuations?
Yes, TaxDetective is in good company. The Wall Street Journal, USA Today, Kiplingers Personal Finance, Money Magazine and other publications all recommend that you check your property valuation each year.
Appeal Calendar for Colorado
In January |
TaxDetective will contact you by email inviting you to have us lower your property tax. |
Around the end of April – beginning of May in the “odd” years, e.g. 2011, 2013… |
New property valuations are mailed by the County Assessor to each property owner. |
May 1 – May 31 |
TaxDetective confirms by email that your Order has been received. |
May 1 – May 31 |
TaxDetective analyzes your property, prepares and files an appeal before the deadline. |
June 1 |
This is the deadline for TaxDetective to file an appeal with the County Assessor. |
June 1 – August 15 |
The various county Assessors respond to TaxDetective. |
July 1 – September 15 |
TaxDetective re-analyzes your property if necessary and appeals to the various County Boards of Equalization. |
August 15 – October 15 |
TaxDetective attends meetings with the County Boards of Equalization. |
August - November |
TaxDetective contacts you by email to tell you whether or not we have lowered your property tax. |
In January – February of the next year |
After you’ve received your property tax bill, TaxDetective sends out an invoice and supporting documents to those property owners for whom we have reduced their property tax. |