Reassessment Notes

Town officials told property owners that reassessment was necessary since the current assessment was over two (2) decades previous and that all property owners should have a "fair market value" assessment. Market value is generally defined as the price a willing buyer would pay a willing seller for a property in its present condition with neither buyer nor seller under pressure to act (such as career relocation, death of a family member, divorce, etc.). In most cases, the market value listed on the roll should equal roughly the price for which you could sell your property.

Reassessment was a multi-step process:

1) Property owners were assigned a "tentative" 2008 assessment.

2) Property owners were given an opportunity to challenge their tentative assessment.

3) Property owners were assigned a "final" 2008 assessment.

4) Property owners still not happy with their "final" assessment could:

       A) Argue their case before the Board of Assessment Review (BAR) [ Click Here ] or

       B) Argue their case before the Small Claims Assessment Review (SCAR) [ Click Here ]

The Small Claims Assessment Review is a procedure that provides property owners with an opportunity to challenge the assessment on their real property as determined by the Board of Assessment Review. Properties include two (2) assessment values: Land & Building.