Some residents upset over Vail's real estate tax valuation notices
May 12, 2009 —
Tax valuation notices were mailed to all Eagle County property owners recently and many property owners were not happy.
You may be surprised at the increase in your assessed value for tax purposes. Remember that the new value is based on the value of your home between January 2007 and June 2008 (before the big financial melt down and ensuing real estate crash).
Now is a great time to call your realtor. A real estate professional can look up comparable sales for you and give you some ammunition for an appeal or let you know if the new value is reasonable.
You have until June 1st to appeal the valuation, so pick up the phone and try to save your self some money! More information available at the county assessor's website at: http://www.eaglecounty.us/uploadedFiles/Assessor/News/News_Items/Valuation%20Notices%2004%2020.pdf
Sondra Slappey is a local realtor who writes about Real Estate for realvail.com. Visit her website at www.investinvail.com
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