Come see us before Widespread Panic tomorrow night! Or, for some of you, come see us before you go to sleep from seeing Widespread the night before! Either way...OPEN HOUSE Sunday, June 24th
Colorado Property Taxes
In buying a house, it is very important to pay closely attention to tax rate.
In Castle Rock, from one neighborhood to another, they can double which can affect your monthly payment by $200-$300, depending on the purchase price.
Property taxes are based on the assessed value of the home. Several factors influence this, the value of your property and condition of the home. And when the economy is doing well, home values increase, and your property taxes will increase, too. When the economy isn’t as strong, property taxes can decrease as property values go down.The physical location of the home also influences the tax rate. Because taxes help fund school districts, infrastructure and public services, property taxes are based on how much revenue is required to pay for these services in that area. When cities and counties require additional funds, your taxes could increase. In Colorado, the value of your property will change at each home sale. The assessed value will be updated to show the new value. So pay attention as the following year, your property taxes might increase.
Tatyana truly understands the dynamics of selling homes in the Denver Metro real estate market and is an expert at educating her clients so they can make the best and informed decisions for their need....
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