Prices down, assessments up |

Prices down, assessments up

Dear Editor:

I thought you and your fans would like to know about property sales here. Aspen Peak had real estate ads totaling over a billion dollars. Aspen’s total was $738 million and some change. Quite a few upscale homes already showed price reductions of 10 percent to 40 percent.

What is important about this is that many, including me, received assessments and resulting tax bills up 50 percent recently. Colorado assessment laws need to reflect a drop in values. Write your state representative and demand new assessment laws.

Richard C. Goodwin

Snowmass Village

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