New property valuations going out Monday

DENVER — Assessors from seven Denver metro counties made a joint announcement Tuesday regarding the 2017 real property valuations for their respective counties.

Adams, Arapahoe, Boulder, Denver, Douglas, Elbert and Jefferson counties have seen significant increases in property values based on the sales activity that took place between July 1, 2014, and June 30, 2016.

While an increase means property becomes more valuable, it can also mean an increase in property taxes.

New valuation notices will be mailed to property owners on Monday.

If the property owner doesn’t agree with the valuation or classification, they must file a¬†protest sent in no later than June 1.

The Denver Department of Finance report shows the specific changes in each county.