The Clear Creek County Board of Equalization (BOE) hearing on July 29, 2025, focused on the assessment of a mining claim property in Warren Gulch. The primary discussion revolved around the property's valuation and its location rating, which was contested by the property owner.

The property in question was initially valued at $92.05 per acre. The owner argued that the location should be rated as "poor" rather than "average," citing the poor condition of the access road and the steep topography that limits buildability. The owner emphasized that the road's upkeep is the responsibility of local residents, which has led to its current state of disrepair. This, they argued, affects the usability of the property, particularly in the lower areas where easements restrict development.

During the hearing, the assessor defended the average rating by comparing the property to similar mining claims in the area, noting that most properties were rated similarly despite some having more significant access issues. The assessor highlighted that the average rating was consistent with surrounding properties, which also faced challenges such as steep slopes and road conditions.

The owner presented several comparable sales, including two that sold for significantly lower amounts within the relevant timeframe, suggesting that the assessed value was not reflective of the market. However, the assessor maintained that adjustments for steepness and other factors justified the current valuation.

The discussion also touched on the implications of a recent state assessment rate reduction from 27.9% to 27%, which the assessor noted would provide some financial relief to the property owner despite the higher valuation.

In conclusion, the BOE did not reach a consensus on changing the property's assessed value, but the discussion highlighted ongoing concerns about property usability and the impact of local infrastructure on property assessments. The board indicated that reassessment could be revisited in the next two years, allowing for potential adjustments based on market conditions and property characteristics.