Time-Sensitive Opportunity: Colorado Property Tax Assessments Now Open for Review

Colorado property owners recently received updated real estate valuations as of May 1, triggering a short window to challenge potentially inflated assessments. For CPAs and real estate advisors, this presents a timely opportunity to add value by helping clients reduce one of their largest operating expenses: property tax.

Colorado reassesses property every two years, meaning that 2025 valuations will impact tax bills for 2025 and 2026. If a property is overvalued and no appeal is filed by June 9^th.

With recent market shifts—rising cap rates, higher vacancies, and changing lease terms—many commercial property valuations may no longer reflect actual market conditions. This is especially true for retail, industrial, multifamily, and office properties.

What You Can Do Now

Encourage clients with significant real estate holdings to review their assessment notices. If there’s a mismatch between market performance and the assessed value, it may be worth a second look. From our experience, appeals often yield 10–20% reductions, directly impacting cash flow and client satisfaction.

At McGuire Sponsel, we partner with CPA and real estate firms to evaluate assessments and support client outreach. Our team can help you identify which clients may benefit from a review and assist in framing the opportunity, without burdening your internal resources.

The window closes soon. Let’s help your clients make the most of it before it’s too late.

Need help evaluating your client’s property tax assessments? Our Fixed Asset Services team is here to support your efforts.