You May Appeal By June 1, 2007

Another 2 years have gone by, so its time to recieve your new Notice of Valuation from the Eagle County Assessor’s Office.  Property values have increased considerably throughout the valley, worrying many homeowners that their property taxes will also rise significantly.  With the average property value increase within the Town of Vail rising 71%, it makes sense to pay attention to your options.

The process is somewhat confusing, but you may appeal the Assessor’s valuation.  You must submit your appeal by June 1, 2007. The Assessor’s office has even put 4 full pages in the May 14th Vail Daily to help the public understand the process.  You may also learn more at the Eagle County website (see link below)

While there is reason for concern if your property was valued incorrectly, your property tax will not increase the same percentage that your home’s value has increased.  (limited through state statutes)

To discuss the Vail real estate market in more detail, please contact Doug Schwartz at (970)926-6777 or at dougs@gatewayland.com

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