Unexpected jump in property taxes hits Colorado homeowners with sticker shock

Denver retiree Bob Kratz, who has lived in Windsor Gardens for three decades, was shocked to find that his property taxes doubled to $900, even though his condo hadn’t risen in value.

The disabled veteran, who tracks his expenses like a hawk, also faced a $200 jump in his property insurance premiums. Some people may not bat an eye, but on his fixed income, the added costs have become a major source of stress.

“I’m 94 years old and only have so much saved. The faster it’s spent, the sooner I end up on the street or worse, in a nursing home,” he lamented…

Story continues

TRENDING NOW

LATEST LOCAL NEWS