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‘I was in shock’: Higher property values means higher taxes for El Paso County homeowners

Property Tax Exemptions The El Paso Central Appraisal District (EPCAD) is the office responsible for processing and determining eligibility on applicable exemptions. You can pick up an exemption application at the Appraisal District located at 5801 Trowbridge, El Paso, TX 79925, in the Deeds & Exemptions Department, between 7:00 am and 6:00 pm.

 · Since low down payment borrowers are considered to be a higher risk due to their lower personal stake in the property, lenders want some level of assurance that the state will not seize the property because of non-payment of property taxes, and that borrowers won’t be without homeowners insurance in the event that the property is damaged.

However, the average home value in El Paso County is significantly lower than the U.S. average, which means county residents in fact pay higher property tax rates than most Americans." From tax-rates.org: El Paso County has one of the highest median property taxes in the United States.

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 · In April, the median home price in the five-county metropolitan area increased 1.6 percent to $320,000. This is 69 percent higher than the area’s median home price of.

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Everyone’s taxes are rising because Colorado is booming with high sales now, and when sale values are high, then property values increase – which means your property value has increased = higher taxes. You are able to appeal your assessed value if you feel, and have evidence, that you are unable to sell your property at the market value shown.

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Many residents of El Paso County are shocked by one of the sharpest property value increases in recent history. It’s the first time in 14 years, that the county has experienced such a hike which means larger tax bills for residents. These reassessments are mandated by law every two years.

But this year’s increase for a total property tax bill, ranging from $25 to $122, depending on the school district a home is located, continues a 10-year trend that has El Paso County in the upper.

This naturally means much higher taxes. They also pushed their climate change claptrap, which naturally means even more taxes. free college, which.well, you get the picture. As the debate clanged on, I began to think they were all nuts. They belonged not on a stage, but in a loony bin.

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