Tag Archives: appraised value

2017 Property Valuations: Overall Up, but Not Everywhere

On May 1, county assessors throughout Colorado mailed out valuation notices to all property owners in the state, as they do every two years. The new valuations reflect the appraised value of properties as of June 30, 2016, based on comparable neighborhood sales for the two-year period prior to that. We spoke with Larry Fite, chief appraiser for Pitkin County, and with Eagle County Assessor Mark Chapin, to explore the trends they discovered during the two-year valuation period which began mid-2014 and ended mid-2016. It’s helpful to understand these trends, both to understand how and why property values fluctuate and to get an idea of where things are going. Continue reading

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