Has Your Property Been Over-Valued by the Eagle County
How would you like to lower your property taxes? Imagine! Saving
$1,000's of dollars in property taxes during the next two years. How?
By taking the time to protest your new valuation by the Eagle County Assessor's
New Assessed Valuations are being assigned to every property in Eagle
County on May 1, 2017. If your property value increases greater than the
change in the mill levy, your taxes will increase! And, this valuation
will apply to taxes during the next two years, so an error in your
valuation could cost you $1,000's of Dollars.
The Good News! This is an event you have the control to influence
the outcome. You have the power to protest your county valuation and
Reduce Your Taxes! But, you must act quickly!
Find out how to analyze your property tax
valuation easily, cost effectively, and professionally!
You owe it yourself to take the time and effort to determine if your property
is being valued fairly by the County Assessor. After all, there is a Lot
of Money at stake!
The National Taxpayers Union documents that as many as 60% of all properties
in America are over valued. Yet, less than 1% appeal their taxes. Most
people don't appeal their house tax assessment because they do not know
how. The process of reducing your property taxes can be frustrating and
Affordable, Professional, and Competent Tax Protest Assistance is Now
Roger Pack with Pack Appraisal Company has been handling property tax protests on residential properties for many years. To more clearly define our mission, Eagle County Tax
Appeal was created for these services. We have developed database driven programs that use refined valuation models to provide highly competent appeal reports that lead to successful appeals for our clients. Our services are designed to allow you to make informed decisions about the feasibility of pursuing an appeal. Then, if you would like to pursue an appeal, we can handle the entire appeal from generating appeal reports to attending hearings and working with the Assessors office to obtain an equitable value on your property.
Feasibility Tax Report: Our
experienced staff will prepare a restricted appraisal with a
market analysis as a basis for determining the reasonableness of the
"Current Year Actual Value" assigned by the Eagle County
Assessors office. We offer this service at a fixed fee as low as
$95, allowing you to affordably determine if your property is
over-valued and if it may be feasible to pursue an appeal. More
Info . . .
Tax Protest Report: After
you have received the Feasibility Tax Report, if you believe your
property is overvalued and further appeal is feasible, you may pursue
the protest process with a Tax Protest Report. We
will prepare a Tax Protest Report utilizing the most accurate
methodologies available. This report will be submitted to the Eagle
County Assessor's office by June 1, 2017. Many times a successful
reduction in value is achieved at this first stage of the appeals
Two payment options are available to continue the appeals process
with a Tax Protest Report, a fixed fee, or a contingent
fee. The Contingent Fee option allows you to pursue the appeals
process without the payment of up-front fees. We only get paid
if we are successful in achieving a reduction in value for your property.
We will represent you through the remainder of the tax protest process.
No additional payment of fixed fees will be required. More
Info . . .
How Much Can You Save?
Keep in mind that the 2017 Assessed Valuations are utilized in the calculation
of your 2017 and 2018 Property Tax obligations. Any reduction in value
achieved now will apply to your property taxes for two years. Therefore,
the calculation of total tax savings should be considered over a two year
How Much is at Stake?
Our clients from the 2015 Tax Valuation achieved an average tax savings of $3,880. Our clients from 2013 Tax Valuations achieved an average tax savings of more than $4,900.
You can see that taking the time and expense to investigate and appeal
the valuations assigned by the Eagle County Assessor can be quite profitable.
As they say, a penny saved is a penny earned. Take the time to determine
if your property is reasonably valued.
Property taxes typically represent the largest non-mortgage expense associated
with property ownership. Yet, most people don't appeal their tax assessment
because they don't know how. They have no idea how to determine if they
are being overcharged, so taxes remain unchallenged. Our goal is to demystify
the process, make it easy to understand, and put you in control of your
Roger Pack and Eagle County Tax Appeal have been helping homeowners in their Eagle County tax appeals for more than 12 years. We understand how the system works. We have experience handling a wide variety of appeals, saving our clients thousands of dollars. You can feel confident that we will provide your Tax Protest Services promptly, professionally, and cost effectively.
Most important, we are appraisal experts in Eagle County. Our office performs hundreds of appraisals a year in Eagle County. We are well known for providing high quality appraisal services that accurately reflect the behavior of the marketplace. We utilize this knowledge and expertise in the preparation of Tax Appeal Reports and attendance at appeal hearings.
Prior Tax Appeal Results
Our program has grown considerably over the years, and we have always been quite successful in helping our clients determine the reasonableness of their valuations and the feasibility of pursuing an appeal. And, when an appeal is justified, our program has provided overwhelmingly positive results.
Highlights of the 2015 Appeals Program Success!
- 93% of our appeals resulted in a value reduction.
- The average value reduction was $355,821, or 12.1% of the original value.
- The average tax savings from an appeal was $3,880.
Why Would Your Property be Overvalued by the County Assessor?
The Eagle County Assessors office has a very difficult task. They must
assign values to more than 40,000 properties. And, the diverse array of
properties in the county increases the complexity of this task. The time
constraints involved in valuing such a large number of unique properties
necessitates the use of mass appraisal techniques.
Mass appraisal methodology involves the use of regression analysis. This
methodology often does not properly account for meaningful differences
in value, such as site characteristics, views, locations, renovation of
properties, construction quality, and unique appeal characteristics. Problems
are compounded when the sales data from a neighborhood is diverse, which
is very common in our mountain resort marketplace.
This is the reason why mortgage lenders and banks do not accept the
county assessed valuation when making real estate loans and mortgages.
Valuations for property tax purposes just do not provide the level of
accuracy required to secure their interests of lending situations.
Why Does the Use of Mass Appraisal Methodology Result in Errors?
The reliability of Mass Appraisal methodology is directly dependent on
- Accuracy of Subject & Comparable Sales Data: Unfortunately,
there are many reasons for errors in the County data.
- Errors are made in characterizing properties.
- Properties change, and the county staff is unaware of the changes.
- Sellers do not fill out the Transfer Declaration forms correctly,
resulting in inappropriate Effective Sales Prices of comparable
Through research, these errors may be rectified, resulting
in successful tax protests that save taxpayers significant
sums of money. The appraisal staff of Eagle County Tax Appeal
is prepared to perform research to detect these errors.
2. Similarity of Comparable Sales Data: It is important to
remember that the greater the number of differences between a property
and a comparable sale, the greater the chance of making an error in
quantifying the market adjustment for that difference. Therefore,
if the sales data utilized to value your property differs substantially,
there is a stronger likelihood of an unjust valuation being assigned
to your property.
What To Do Now!
We understand that this can all be a bit confusing. If you have any doubts
about the accuracy of the value assigned to your property by the County
Assessor, order a Feasibility Tax Report now! You will be provided information needed
to help determine the reasonableness of your property value and the feasibility
of an appeal.
After you receive the results of the Feasibility Tax Report, if you
believe your property is overvalued, begin the appeal process with our
Tax Protest Report services.
We will prepare a formal valuation utilizing the most accurate methodologies
available. If we find support for a value reduction, the report will be
submitted to the Eagle County Assessor's office.