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Nine county assessors along Colorado's Front Range revealed median increases in properties. The two-year increases are unprecedented, ranging from 33% in Denver County to 47% in Douglas County.
In just a week, homeowners across the Denver metro area will be staring at numbers that may come as a shock: Their property values may have jumped by up to 45% — or even higher for some areas.
Commercial property owners are seeing less of a change in valuations in the latest two-year cycle than residential property owners.
Assessors revealed 33 percent increases in Denver residential property valuations, and a spike of nearly 50 percent in Douglas County.
County assessors in the state said that property taxes could increase by 35 percent in Boulder, while other areas may see a rise of 60 to 70 percent.