The El Paso County Assessor re-evaluates the value of homes in Colorado Springs every two years (on the odd year). The assessed market value of a home is based on the most recent comparable sales in the area. The only exception to the two year rule is if a homeowner finishes their basement or makes […]
Many home buyers and sellers in Colorado Springs become confused when it comes to property taxes. Hopefully this post will help clarify how property taxes are paid each year for a Colorado Springs home. Property taxes are paid in arrears. You actually pay your 2008 property taxes in 2009 since taxes are paid for the […]