On May 1, the Boulder County Assessor’s office is required to send a Notice of Valuation to all property owners in Boulder County.
View the letter sent to destroyed homes
View the letter sent to damaged homes
For properties where a home was destroyed by the 2021 Marshall Fire and Straight-line Wind Event, the home value was removed in 2021 (for the purposes of property tax calculations), and the land value was reduced by 50% (for the purposes of property tax calculations).
For 2023, the land value is back at 100% due to remediation. If a property owner has not begun to rebuild a home, the home value will remain removed. Partial built homes will be valued based on how they stood on Jan. 1, 2023. Homes that were completely built on Jan. 1, 2023, will have a 100% value. If there are any circumstances that a property owner feels may impact their property value that the Assessor’s Office might not know about, property owners may appeal the valuation by the June 8 deadline.
Some properties in Louisville, Superior, and unincorporated Boulder County had their home value reduced in 2022 (for the purposes of property tax calculations) to reflect the impact of smoke, soot, char and ash. For 2023, the value of these homes is back at 100% of its 2022 value plus an increase due to the required reappraisal of values (for the purposes of property tax calculations). If a home is still being remediated, please share with the Assessor’s Office the timeline and costs associated with the ongoing work. Property owners should contact the Assessor’s Office with any questions and/or concerns regarding the notice of valuation. The deadline to submit an appeal is June 8, 2023. Find out more about the appeals process on the Assessor’s Office Website.
Why are my taxes so much higher this year when I still haven’t rebuilt?
For the 2022 tax year – assessment date: January 1, 2022, properties with destroyed homes had structure values removed, as well as land values reduced by approximately 50% to account for soil contamination and infrastructure damage. For the 2023 tax year cycle – assessment date: January 1, 2023, you are seeing the full market value of your land at the residential rate, but without any structure value. As you begin to rebuild, your structures will be valued according to the level of completion of your home as of January 1 each year.
How are you valuing rebuilds?
Each year, we will review the status of your home as it stands January 1 to determine percent complete for valuation purposes. Pursuant to DPT Guidelines percent complete levels are as follows:
- 0% – Improvement/Structure destroyed or uninhabitable due to Marshall Fire.
- 10% – Excavation, footing work and foundation completed.
- 25% – Exterior wall framing for all floors erected, utilities extended from main service to structure.
- 50% – Rough framing, plumbing, electrical and mechanical complete.
- 75% – Partial interior finishes including drywall, finish carpentry, cabinetry and painting in progress.
- 100% – Only final interior finish including plumbing and lighting fixture installation, floor coverings and touch-up remaining.
How do you determine what percent complete my property is when you do not go inside?
We use Best Information Available “BIA”, which includes an exterior photo of your home and a review of the permits on your property to determine the level of completion as of January 1.
What if my home was uninhabitable for all or most of 2022?
If your home is deemed fully uninhabitable for the January 1, 2022, assessment date, the structure value may be lowered to zero on your notice of valuation with filing of an abatement. The value of the land will remain at its market value.
Will my value be reduced to account for all damages to my property including fences and landscaping? What about my personal things that were destroyed in the fire?
Improvements made to your property in the form of fences and landscaping are not part of the improvement/structure valuation; thus, these would not be removed. Personal property is not considered in your property valuation and a reduction will not be made for those items.
If you disagree with the value of your property, you have the option to proceed to the abatement- appeal process.
If you have questions and/or concerns, please contact the Boulder County Assessor’s Office at: 303-441-3530 or email: email@example.com.