+7.2%, is that typical for what others are seeing?
+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.
/
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?
Life's hard when you're stupid
When the government came to take our guns, they knocked on the door. After our guns were gone, they never bothered knocking again - Holocaust Survivor
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.
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%.