What to Know as Property Tax Assessment Season Arrives

Every two years, propertyowners receive new notices of valuation for their real and personal property from Colorado county assessors. The notices of valuation for the 2025-2026 cycle arrived May 1. While residential property owners may dislike the seemingly ever-present increase in their homes’ assessment, the marginal, but often meaningful, tax savings from those appeals does not justify hiring experts or legal counsel.

In contrast, because the commercial property tax assessment rate is much higher than the residential rate, commercial property owners have much more to gain (or lose). Now is the time for commercial property owners to prepare to review their assessment notices and decide whether it makes business sense to appeal those determinations. This is especially true given that many counties have in recent years become more aggressive in valuing commercial property as budgets have gotten tighter and counties see the prospect of increasing and collecting property taxes as an untapped revenue source.

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