Weld County homeowners can expect to see an increase in property taxes. Here’s what we know.
By Kelly Ragan
If you’re a Weld County homeowner, you can expect to get a little postcard soon that will tell you if you’ll owe more in property taxes. And it’s likely you will.
Weld County Assessor Brenda Dones said in a news release that residential property values throughout the county continue to increase, mostly thanks to a historically limited inventory and more people moving to northern Colorado. Commercial values also saw an increase, but less so with the pandemic.
County assessors, like Dones, work to determine property values every two years in Colorado. Those figures determine what property owners will pay in taxes.
This year, the so-called Notice of Valuation will take market sales data between January 1, 2019 and January 1, 2020, so it won’t factor in the wonkiness of the pandemic.
According to Zillow, the typical home value in Greeley (seasonally adjusted, including only middle price tier homes) in January 2019 was $319K, and in January 2020 it was $329K – making for about a 3.13 increase. .
From 2020 to 2021 (not counted for the assessment this year but still interesting to know) Zillow calculates a 7.2% increase in property values. That makes for a typical home value of $354,958.
The typical home value in Weld County (seasonally adjusted, including only middle tier homes) in 2019 was $378K according to Zillow, and $386K in 2020 – making for about a 2.12% increase.
From 2020 to 2021, Zillow calculated a 7.4% increase in home value for Weld County, making for a typical home value of $417,677.
According to a report by The Denver Post, Boulder County took the lead with the biggest median gain in residential property values at 11%, followed by Jefferson County at 10%, Adams and Douglas counties at 8%, Arapahoe, Broomfield and Denver counties at 7% and Elbert County at 6%.
That’s a slow down from the last two valuation cycles, according to the Post, where median residential property values were up 17.2% statewide.
Want to know more about your property?
You can plug you address into the Weld County Property Portal to review your property characteristics. You can also click the sales search tool to compare your home’s value to the sale price of comparable homes in the area.
Remember, only market sales from January 1, 2019 to June 30, 2020 were used for valuation and not every property characteristic will affect the value. You can also snag a digital copy of your Notice of Valuation by typing your address into the property portal, selecting “property report” then selecting “NOV.”
What happens if you disagree?
If you disagree with the assessed value on our home, you can protest it through the Assessor’s Office. The last day to protest is June 2.
How to protest
Call (970) 400-3650 or (720) 652-4255 to make an appointment to speak with an appraiser over the phone.
Email appeals@weldgov.com.
File an online appeal.
Mail or fax an appeal to the Assessor’s Office. Instructions will be on the NOV as well as on the Assessor’s webpage.