Protest and Get your Taxes Raised

[Terrel L. Shields]

Thomas Larson has lived in his Costilla County home for 23 years and says he hasn't done any major improvements to the property since he built the house.

 

[Terrel L. Shields]

 

[Terrel L. Shields]

 

[ucbruin]

Mass valuation....

 

[Terrel L. Shields]

Mass valuation....

You've never been to Ft. Garland have you? This is a small county in a very rural area. These are all the sales of homes over $400k in the last 3 YEARS - So where are the $600k homes?

 

[ucbruin]

You've never been to Ft. Garland have you? This is a small county in a very rural area. These are all the sales of homes over $400k in the last 3 YEARS - So where are the $600k homes?
View attachment 78035

The guy had been way under valued....

 

[Terrel L. Shields]

The guy had been way under valued....

Maybe maybe not? Again, there are no $600k homes that have sold in 3 years so what supports the idea that the value is so high? 1800 SF plus finished 800 SF basement? That's awfully high from what I see in most of rural Colorado. Most of the state can build for $200/SF new. Denver and the resort towns not, but this is very rural, bitter cold in winter, and not exactly a tourist destination at the south end of the Sangre de Cristos.

 

[ucbruin]

He's 82 yo....
He won't appeal the next reassessment....

 

[Surf Cat]

Well, in the end it worked out based on the prices on the map provided. Don't know how the assessor came up with $350k... may she had a map of sales in front of her.

Sure seemed like a money grab initially though.

 

[ucbruin]

$139,000....
To $304,000....
Now $350,000 seems like a deal....