Arapahoe County, Colorado Property Taxes

In Arapahoe County, Colorado, homeowners have the opportunity to appeal their property tax assessments if they believe their property's assessed value is inaccurate. The process begins with the homeowner submitting a formal appeal to the county assessor's office. This appeal should include evidence supporting the claim that the assessed value is incorrect, such as recent sales data of comparable properties or an independent appraisal. Once the appeal is submitted, the assessor's office will review the evidence and may adjust the assessed value if the appeal is deemed valid.

If the homeowner is not satisfied with the assessor's decision, they can escalate the appeal to the Arapahoe County Board of Equalization. This board provides an additional review and listens to the homeowner's case, allowing for a more thorough examination of the property's assessed value. During this hearing, homeowners can present further evidence and arguments to support their appeal.

The potential outcomes of the appeal process include a reduction in the assessed value, which can lead to a lower property tax bill, or the assessed value may remain unchanged if the evidence does not support a reduction. In some cases, the assessed value may even increase if the board finds that the property was undervalued.

Ownwell can assist homeowners throughout the appeal process by providing expert guidance and support. Our team can help gather the necessary evidence, prepare a compelling case, and represent homeowners during hearings. With our expertise in property tax appeals, we aim to maximize the chances of a successful outcome, ensuring homeowners pay only their fair share of property taxes.

Arapahoe County offers several property tax exemption programs that can significantly reduce the tax burden for eligible homeowners. The most prominent among these is the Senior Property Tax Exemption, which is available to homeowners aged 65 and older who have occupied their primary residence for at least ten consecutive years. This exemption reduces the assessed value of the property, thereby lowering the property tax bill.

Another valuable exemption is the Disabled Veteran Exemption, designed for veterans with a 100% permanent disability connected to their service. This exemption also applies to the primary residence and provides a substantial reduction in the assessed value.

Additionally, Arapahoe County offers exemptions for certain charitable organizations and religious properties, though these are not applicable to individual homeowners.

Homeowners interested in applying for these exemptions need to submit the appropriate applications and documentation to the county assessor's office by the specified deadlines. The process can be complex, but it is crucial to ensure eligibility and maximize savings.

Ownwell assists homeowners in navigating these exemption programs by providing expert guidance and support throughout the application process. Our team ensures that all required documentation is accurately completed and submitted on time, helping homeowners take full advantage of the available exemptions and reduce their property tax liabilities effectively.