How to Appeal Your (Fort Collins) Larimer County Property Taxes

Larimer County Property Valuations were mailed out May 1st. I’ve received a few questions from concerned individuals either because their property valuation was too high or too low so I thought this would be a fitting place to provide some helpful information. A quick note, you can’t actually appeal your property taxes per say. You can however appeal the property valuation Larimer County has made, which will lower your taxes if successful.

What Should I Do If My Property Value Went Down?

Nothing! Don’t worry, don’t fret, and just enjoy the fact that you will be paying less when it comes time to file your taxes. Some hearts may have skipped a beat recently when you opened your letter from Larimer County and found a significant decrease in your property’s value, especially if you’ve been improving the condition of your property. To give you a little peace of mind, when it comes time to sell your home, it will be the market that determines the value of your property and not the county.

When mass appraisals are done by the county, they take into consideration typical home considerations such as sqft, garage spaces, lot sizes, etc. However, if your home is “unique” from other homes in the neighborhood and can’t easily be categorized with the other homes on the block or in your neighborhood, there’s probably a greater chance that you’ll see some discrepancy in your county property value versus it’s real market value.

If you’re significantly concerned about your property’s value, contact a real estate professional and have them provide you with a comparable market analysis.

What Should I Do If My Property Value Went Up?

If your property value went up, take a few minutes and check out the Larimer County Residential Property Sales Search .  If there are nearby home sales that are comparable to your home and can justify a higher valuation, you may not want to waste your time.  If there are not and you believe your properties valuation to be higher than it should be, you will probably want to appeal your properties valuation.

The Appeal Process

Protests can be heard by the Appraiser’s Office every year between May 1st and June 1st.  They can be filed online, by mail, or FAX.

– Step 1: Download and Review these Instructions from Larimer County as well as visit the Larimer County Assessor’s Website

– Step 2: Research comparable property sales and compile a list of properties which you feel best represent your properties value. Analyze your property and other recent sales and identify significant factors such as # of garage spaces, sqft, 1 vs. 2 story homes, corner lot vs. standard, etc.  For example, if your property is valued at $250,000 but a similar property down the street recently sold for $240,000 and has 200 additional square feet, take note of this.

A real estate professional may be able to help you in obtaining this data.  If you don’t have anyone to call, I’d be happy to help you with this, and will do my best to get back to you in a timely manner.  Contact Info

Step 3: Include the addresses of these properties in your protest and submit this information before 11:59pm on June 1st.

Step 4: Sit back and wait.  The Assessor’s office is required to mail you a Notice of Determination before June 30th.