Two Recent Colorado Supreme Court Decisions May Result in Some Undeveloped Parcels of Land Being Taxed at a Higher Rate 16:52, December 5, 2020

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Two Recent Colorado Supreme Court Decisions May Result in Some Undeveloped Parcels of Land Being Taxed at a Higher Rate

By | November 17, 2020 | Aspen Attorneys, Aspen Colorado Attorneys, Aspen Lawyers, Aspen Real Estate, Avon Law, Avon Lawyer, Avon Real Estate, Glenwood Attorney, Glenwood Lawyers, Glenwood Springs Colorado Attorney, Glenwood Springs Real Estate, Lawyers Aspen, Lawyers Glenwood, News/Results, Real Estate, Uncategorized, Vail Attorney, Vail Lawyer | 0 comments

By Kelcey C. Nichols, Garfield & Hecht, P.C. In Colorado, “residential land” has generally been taxed at a significantly lower rate then “vacant land”. In 2020, the Residential Assessment Rate was 7.15%. In contrast, the assessment rate for “vacant land” was 29%, more than three times higher. In the last few years, the Colorado Court […]

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