Low mortgage rates coupled with a strong, resilient economy during 2021 and 2022 have dramatically raised property values in Larimer County.

The Larimer County Assessor’s Office will mail over 162,000 Notices of Value, or NOVs, to Larimer County Property owners on May 1, 2023 by U.S. Postal Service Mail. 

Larimer County Assessor Bob Overbeck said Larimer County single-family residential home value increased by 40% during the two years to just under $561,000. Within the past few years, new construction also added over 4,200 homes to Larimer County’s housing stock.

“The county’s scenic parks, trails, open spaces, and proximity to Rocky Mountain National Park have contributed to Larimer County becoming somewhat of a ‘Zoom town’ for people who use technology to work remotely while being close to these amenities,” said Overbeck.

Change in Larimer County’s median property value within the past two years:

Berthoud                                                                                                                                                              $602,000                                                                              Up 39%

Wellington                                                                                                                                                           $491,000                                                                               Up 41%

Still, with the rise in values, Overbeck encourages all Larimer County property owners who feel the valuation of their property is incorrect to protest their valuation with the Larimer County Assessor’s Office. Property owners have until June 8, 2023 to protest their valuation.

Property owners can schedule an appointment to speak to a licensed appraiser on weekdays from May 1 to June 8, 2023 at the Larimer County Assessor’s Office, 200 W. Oak St., Fort Collins, or at the Larimer County Loveland Campus, 200 Peridot Ave., Loveland.

“We want to make this process as accessible and convenient as possible for everyone in Larimer County,” said Overbeck, and added, “Property owners may also protest their valuation online, too, at http://larimerassessor.org/ or use the physical dropbox located at 200 W. Oak St., Fort Collins until the June 8 deadline.”

Overbeck also encourages disabled Veterans and seniors who qualify to apply for the Colorado Senior Homeowner Property Tax Exemption, and the Disabled Veteran and Gold Star Spouse Property Tax Exemption.

The deadline to apply for the Disabled Veteran Property Exemption is July 1, 2023, and the deadline to apply for the Senior Property Tax Exemption is July 15. Applications and information here: https://www.larimer.gov/assessor/exemptions.

Got questions? We’re here to help. Reach out to the Larimer County Assessor’s Office at https://www.larimer.gov/assessor.