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Old 08-14-2016, 02:44 PM
 
1 posts, read 339 times
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What are u asking for the land ?
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Old Today, 12:12 PM
 
4,729 posts, read 2,399,403 times
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Quote:
Originally Posted by debbie at bouontiful View Post
Why would raw land taxes be more than with a house? I have a ranch in OK. My house is one tax rate and all my raw land is so reasonable you don't even know you have a tax bill. Never heard of raw land being more than if you put a house on it. Confused about that.
We used to own 5 acres in a rural county of CO, planning to retire there later. We were taxed more than if we had put a home on it. The county wants property taxes, so if you donít build a house that gets the revenue for them, they raise the rate on undeveloped, nonagricultural land instead. We kept that land for too many years. The CO county that we lived in at the time charged less for undeveloped land than developed land, but who knows what they do now.

Things could be worse. We could be in a state that has no income tax but very high sales tax.
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Old Today, 04:46 PM
 
Location: Southern Colorado
3,147 posts, read 1,581,551 times
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Colorado has pretty high property taxes on undeveloped land. They seem to rise quickly in good economies and seem to drop more slowly, if ever, in poorer economies. I have paid the same, or more, on undeveloped land as those with homes. My Elk Park Ranch 40 acre lot was taxed at $750/year. The same rate as neighbors with homes. Good thing my neighbor bought my lot.

It just isn't fair. The scenic beauty that Colorado offers. Or the property taxes. It is what it is.

My late father used to invest in Colorado land in the 70's. The values oftenwent up a great deal. But he always grumbled about the property taxes and real estate/title fees. I now feel his pain.
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