Boulder County, Colorado Property Taxes

In Boulder County, CO, homeowners who believe their property tax assessments are too high have the right to appeal. The process begins with a review of the property's assessed value, which determines the amount of property tax owed. If a homeowner disagrees with the assessment, they can file an appeal with the Boulder County Assessor's Office. This appeal must be submitted within a specified timeframe, typically following the receipt of the assessment notice.

Once the appeal is filed, the next step involves providing evidence that supports the claim of overvaluation. This might include recent sales data of comparable properties, independent appraisals, or evidence of property defects that could affect its value. The goal is to demonstrate that the assessed value is higher than the property's actual market value.

The appeal is then reviewed by the Boulder County Board of Equalization, which listens to the homeowner's case and examines the evidence presented. The board can decide to lower the assessed value, maintain the current assessment, or, in some cases, increase it if they find the property was undervalued.

Ownwell assists homeowners through this process by offering expert guidance and support. Our team of property tax consultants can help gather the necessary evidence, prepare a compelling case, and represent homeowners during hearings. By leveraging our expertise, homeowners can increase their chances of a successful appeal, potentially resulting in reduced property taxes. With Ownwell, the often complex and daunting appeal process becomes more manageable, providing homeowners with peace of mind and the possibility of financial relief.

Boulder County offers several property tax exemption programs designed to ease the financial burden on homeowners. One of the primary exemptions available is the Senior Property Tax Exemption, which benefits residents aged 65 and older who have lived in their primary residence for at least ten consecutive years. This exemption reduces the assessed value of the home, thus lowering the property tax bill.

Another significant exemption is the Disabled Veteran Exemption, available to veterans with a service-connected disability rating of 50% or more. This exemption also applies to the surviving spouses of disabled veterans, providing substantial tax relief by reducing the home's assessed value.

For homeowners who primarily reside in their Boulder County property, the Homestead Exemption offers additional savings. This exemption ensures that a portion of the home's assessed value is exempt from taxation, making it easier for residents to manage their property tax obligations.

To apply for these exemptions, homeowners must submit the necessary documentation to the Boulder County Assessor's Office by the specified deadline. Ownwell can assist homeowners in navigating the application process, ensuring they understand the eligibility requirements and submit accurate, timely applications. By leveraging Ownwell's expertise, homeowners can maximize their savings and take full advantage of the available property tax relief programs.