Grand County sees record number of property valuations

About 42% of protests were adjusted

After home values in Grand County and across the country rose throughout 2021 and 2022, many residents saw their 2023/2024 property valuations come back higher than their previous valuation. 

The record number of protests — 4,258 — shows that many property owners in Grand County thought their valuations were incorrect. Grand County Assessor Tom Weydert wrote in an email that other Colorado counties, like Eagle and Summit, saw over 7,000 protests.

Weydert wrote that his office adjusted 1,803 valuations, or about 42% of those that submitted a protest. Out of the remaining 2,455 protests that did not see an adjustment, 505 property owners appealed their determinations.

Those cases go to the Grand County Board of Equalization, which is made up of the county commissioners. Weydert wrote that the board made final determinations on each of the appealed cases at a special meeting Monday, Aug. 7.

Data from the Colorado Department of Local Affairs shows that, from 2022-23, Grand County residents saw average residential property values increase 67%. Nearby Summit and Eagle counties saw 63% increases, and Routt had an 82.5% increase in residential property values.

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