County

Property valuations on the rise as market sales surge


RBC | Property owners in most of Western Colorado — including Rio Blanco County — can expect huge increases in property valuation when they receive their 2023 Notice of Valuation in early May, according to the Western Colorado Assessors.

Increasing demand for real estate, increased building material costs, low mortgage rates and a steady migration from larger cities into the area have contributed to historic valuation increases during the past two years.

Properties are revalued…