May Real Estate & Tax Assessments

1. It’s hard to say that your property value has not increased from June 2020. YOY increase in Boulder was over 30-50% in most cases. Unfortunately, the reality of your assessed value is probably not too far off.
2. Values were based on June of last year. Many people are saying their Zestimate or search engine value is below. The newer value has in many cases gone down a bit since then and is now almost a year from when the valuation was completed. Therefore, if your home decreases in value, this will not be felt until the next assessment in 2025. 
3. Search engine values are often not very reliable or accurate. 
4. Comparative sales need to be area specific and date specific. Here is a time trends table to convert a comparative you have found 
5. This tool found here allows you to see the comparable sales used to value the current assessment of your property. 
6. June 8th is the deadline for all appeals.
7. Keep in mind that for every $50,000 of your home's value you win in an appeal, it is approximately $314 savings. ($50,000 X .06765 Assessment Rate X .093 Mill Levy) https://assets.bouldercounty.gov/wp-content/uploads/2017/08/ar-property-tax-calculation.pdf

Welcome our new Associate Broker Britt Kelland!

We are so happy to have Britt join our team. Her hard work and passion for people and Real Estate fits our company mission perfectly. 

Bio:

Growing up in several small towns and working my way through college as a customer service professional, I understood the importance of customer service. I understood the value of putting the clients’ needs first.  I ran a wedding photography business, traveling the world documenting beautiful love stories for over 10 years. I was honored to be apart of such a significant milestone in peoples’ lives.
 
As a Real Estate Agent, I’m honored to continue helping my clients with another milestone: Finding their dream home. I am committed to listening to my clients’ needs, being communicative and detail-oriented, and negotiating strategically to ensure a successful transaction. 
 
When it comes to my clients, it’s not just about the sale of a home. It comes down to what do you really need and how can I be of service as you adjust to the Front Range area, lifestyle and market here. I’ll be alongside you every step in this process.
 

History of Taxation

The concept of taxation has a long and complex history that dates back to ancient civilizations. Here's a quick overview of how taxes came to be:

1. Ancient Civilizations: Taxation can be traced back to ancient civilizations such as Mesopotamia, Egypt, and ancient Rome. These early societies imposed taxes to support public infrastructure, fund wars, and finance the ruling class. Taxes were often collected in the form of crops, livestock, or labor.
2. Feudal Systems: During the Middle Ages, feudal systems emerged in Europe. Feudal lords collected taxes from peasants in the form of goods or services. These taxes were used to maintain the lord's military and economic power.
3. Early Modern Era: The rise of nation-states and the centralization of power led to the establishment of more structured tax systems. In the 16th and 17th centuries, European countries introduced various forms of taxation to finance wars and maintain standing armies. Taxes were levied on land, trade, imports, and wealth.
4. American Revolution: The issue of taxation played a significant role in the American Revolution. Colonists in America were subject to various taxes imposed by the British government, such as the Stamp Act and the Sugar Act. The slogan "No taxation without representation" reflected the colonists' discontent, leading to the American Revolution and the eventual formation of the United States.
5. Industrial Revolution: The Industrial Revolution brought about significant economic changes, including the shift from agrarian societies to industrialized economies. Governments introduced new taxes to fund infrastructure development, social programs, and the military. Income tax became more prominent during this period, as countries sought to generate revenue from the growing wealth of individuals and businesses.
6. Modern Taxation: In the 20th century, income tax became a primary source of revenue for governments worldwide. Governments also expanded their tax bases by introducing various forms of taxation, including corporate taxes, sales taxes, property taxes, and payroll taxes. Taxation policies have since been used to promote economic growth, redistribute wealth, and fund public services and welfare programs.

It's important to note that the specific methods and rates of taxation have varied widely throughout history and continue to do so today. Taxation remains a crucial aspect of modern societies, serving as a means to fund government operations and provide essential services to citizens.