What is the reduction? In both cases the exemption reduces the actual value of your residential property by 50% up to a maximum of $100,000. For example, if your home was valued at $200,000, the exemption would reduce the taxable value to $100,000.
Do I qualify? Eligibility for the Senior Homestead Exemption
The qualifying senior must be at least 65 years of age as of January 1 of the year of application.
The qualifying senior must occupy the property as his or her primary residence, and be the owner of record and must have done so for at least ten consecutive years prior to January 1 of the tax year. Limited exceptions to the ownership and occupancy requirements are detailed in the qualifications section of the application.
To apply complete an application and turn it in to the Assessor Department by July 15. Applications may be printed from this page or contact the Central Records Office at 303.464.5819.
Brochure (Information for the Senior Homestead Exemption and the Disabled Veteran Exemption)
Short Form(Standard Application for Individual and Joint Ownership)
Short Form Instructions
Long Form (Ownership exceptions; see long form instructions)
Long Form Instructions
Eligibility for the Disabled Veterans Exemption
The exemption is available to applicants who:
- sustained a service-connected disability while serving on active duty in the Armed Forces.
- were honorably discharged, and
- were rated by the Department of Veterans Affairs at 100% "permanent and total" disabled, and
- owned and occupied the home as his or her primary residence since January 1 of the year of application.
To apply, print the application here: Disabled Veterant Exemption Instructions & Application
or an application may be obtained at the Division of Veterans Affairs at the following address:
Colorado Department of Veterans Affairs
Division of Veterans Affairs
1355 S Colorado Blvd.
Building C, Suite #113
Denver, CO 80222
Phone: (303) 284-6077 Fax: (303) 284-3163