Just had the pleasure of listening to a presentation by the Summit County Assessor’s office regarding the recent 2021/2022 reappraisal and results. OK, I get it. Not always the most exciting information if you’re not an assessor, but they always have some good information. If you want more information check out www.SummitCountyCo.gov and scroll down to the bottom for property valuation links.
Here are a few quick tidbits:
34,971 Notices of Valuation were sent out. This includes all residential, commercial and land. Take away: there are less than 35,000 “residences” in Summit County.
They used a new method to evaluate properties called the Multiple Regression Analysis (MRA) This year, they had only 1,477 appeals (normally they have around 3,300 appeals). So it appears that the public also thinks this method is working.
Of the 1,477 appeals, 555 were adjusted. The average adjustment was 13.55%
917 of the appeals were denied. This is roughly 2x higher than usual due to the confidence they have in the MRA.
The bad news? It’s taxes. Yuck.
The good news? All property tax money stays local in Summit County. It goes to schools, government, municipalities that keep our county working!
Excited for your next chapter? Partner with us, we bring patience, calmness & a winning strategy! Find your property value, click below:
Your dream home awaits! We're here to guide you to home buying success! Start your search today, click below:
Great Condo with Great Amenities! Looking for a mountain condo, this property has an open floor plan that provides great space and incredible natural light for your family and friends to create amazing memories. Outdoor recreation is right out your door; hiking, snowshoeing, cross-country skiing, biking and more. Whether looking for your mountain escape or an investment this unit is for you! 2 Bedroom 2 Full Baths | 908 Sq Ft | Offered at $515,000 Breathtaking views from balcony Cozy wood burning fireplace Great Complex Amenities: Hot tub, clubhouse,Pool, Tennis & Racquetball Courts. More details/photos.
Working at Copper Mountain This Ski Season? Perfect opportunity for you to own at Copper Mountain!! This deed-restricted condo, in the heart of the resort, is an opportunity for investors or Copper Employees. 1 Bedroom 2 Full Baths | 726 Sq Ft | Offered at $365,000 Just Steps from Super Bee Lift & Copper Creek Golf Course Great Complex Amenities: Hot tub, Elevator, Ski Storage, On-Site Management with Sky Run. More details/photos.
Allison Simson, Kelie Gray, Trisha Moore, Isabel Rawson, Deena Heppner, Brandy Morgan, Margaret Bowes, Allyson Ertel, & Joy Lukasiewicz
Post a Comment
To post a comment about this blog entry, click here.