# Colorado — Homestead exemption amounts by state For Colorado, homestead exemption is The sum of two hundred fifty thousand dollars if the homestead is occupied as a home by an owner or an owner's family; statute is 38-41-201. Homestead exemption - definitions, verified against its source on 2026-08-29. - **State:** Colorado _(our reading, not quoted from the source)_ - **Homestead exemption:** The sum of two hundred fifty thousand dollars if the homestead is occupied as a home by an owner or an owner's family _(verified: appears in the quote below)_ - **Statute:** 38-41-201. Homestead exemption - definitions. _(verified: appears in the quote below)_ ## What the source says > Every homestead in the state is exempt from execution and attachment arising from any debt, contract, or civil obligation not exceeding in actual cash value in excess of any liens or encumbrances on the homesteaded property in existence at the time of any levy of execution thereon: (a) The sum of two hundred fifty thousand dollars if the homestead is occupied as a home by an owner or an owner's family; or (b) The sum of three hundred fifty thousand dollars if the homestead is occupied as a home by an owner who is elderly or disabled, an owner's spouse wh ## Source - https://leg.colorado.gov/sites/default/files/images/olls/crs2023-title-38.pdf Last verified: 2026-08-29. Review by: 2027-02-25. Part of [Homestead exemption amounts by state](https://referencesource.org/state-homestead-exemption-amounts/).