+7.2%, is that typical for what others are seeing?
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+7.2%, is that typical for what others are seeing?
Yes I believe that rate was set by legislation. It was something like 7.9 percent.
I just got a 14% increase. (Over $70K) Screw this place, good thing we are on our way out. It's becoming a tax hell.
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Check out comps sold in your neighborhood. If houses are selling above your appraised value, you may have a difficult time appealing the tax hike.
My problem with the current system is that we are being taxed on a value that is meaningless until you sell the property. If I bought at $100k and the current value based on market demand is $500k, it makes no difference if my income hasn't risen enough to pay the new tax assessment. Many people may be taxed out of their home unless the system is altered. I believe California had to address this same issue at some point. I don't know when this real estate market will turn but having my home value increase so much over the past few years has become a real two edged issue.
My property value appraisal went up $92,000 or 39%, and I live in Aurora, WTF?
My tax appraisal just showed up and Adams county upped my property value by $70K.
I'm seriously considering contesting the appraisal as I'm now paying taxes on a $300,000 home but still living in my old, $180,000 house.
Fuckers.
Same here exactly: $70k, Adams Co
My letter from Jefferson County just showed up for my house in Wheat Ridge, they upped my value $78,000 in one year.
interesting too, zillow showed mine was up $19,000 in the last 30 days. holy cow.
Up like 52k tax value.
Think of the old retired couple, like my parents, they are having to make payments on a house they own.
Ours went up 54K or about 13%.