Vail Land Tax

Vail land owners received their tax?appraisals from Eagle County Tax Assessor and like residential real estate, values and taxes are up even though land prices are down in many Vail communities.? The property valuation reflects the real estate market activity from January 1, 2007 to June 30, 2008.?? The?number of sales?may have?decreased during that period, however, the?asessor's based their tax assessments on the prices.? Yes, 2007 saw some high prices, but adjustments were starting to be seen in 2008, especially on land sales.? Currently, there are significant price reductions on Golf Course lots in the Vail Valley.???Vail land prices are down 30 Per Cent or more, so it is a great time to buy vacant land in Vail.