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2009 Assessment Update

2009 Reappraisal

All residential and commercial real properties are reappraised every two years in the odd-numbered year. Values for the 2009 reappraisal are based upon sales that occurred during the 60 months prior to June 30, 2008.

Properties that were appealed during our protest period will be reviewed and a Notice of Determination will be sent to those property owners on June 30, 2009. If you are satisfied with the value after this review, the process ends and your tax will be based on the value reflected in the notice of determination. If you disagree with the Assessor's decision, the next step will be to file an appeal with the County Board of Equalization. More details will be provided in the Notice of Determination that will be sent June 30, 2009.

What Is A "Sales Study Period"?

According to Colorado Statute, the Assessor is required to gather and confirm sales within a time period of no less than eighteen-months ending on June 30th of the year prior to a reappraisal year, time adjusting each sale to the June 30th ending date. This data-gathering period is referred to as the Sales Study Period. For the 2009 reappraisal Larimer County is using 60 months of data. This sales study period extends from July 1, 2003 through June 30, 2008.

How Can I Verify The Value On My Property?

  • Market (sales) information is currently available in the Assessor's Office and online at Larimer County Sales Search.
  • Local real estate offices may also be able to provide you with sales information.
  • For non-residential properties, construction cost and income data of comparable properties can also be used to verify the accuracy of your property value (July 1, 2003 to June 30, 2008).

Reviewing Property Information and Values

The Assessor's office is here to assist you.

Review the facts on the property record. Make note of any discrepancies. Items that may affect the value include the living area of your home, the size of your lot, the presence or absence of a garage or finished basement, etc.

Gather as much information as you can on similar properties in your neighborhood. A database of verified sales is available in the Assessor's office and on the Larimer County website.

Review the sales of comparable properties. While we all recognize that seldom are two properties identical, similar properties that are similarly situated should sell for similar prices. Compare the features of these properties to the features of yours.

Making corrections after the protest period

You may contact the Assessor's office regarding your property any time throughout the year. Properties that filed a formal protest are given priority. Many property corrections do not impact the property value for assessment purposes. If you feel your property is overvalued and you did not file an appeal you may petition for an abatement after you receive your tax bill.