News
Property values go through the roof
Ouray County property owners should expect their tax bills to increase next year, due to the surge in sale prices and a real estate boom that saw one in six properties in the county sell within two years.
That’s because 2023 is a biennial revaluation year, when county assessors’ offices use recent sales data to set values for all properties. This year’s values are based on transactions from June 1, 2020 through June 30, 2022 – so the pandemic-fueled buying spree that kicked off in summer ...