All home owners should now have received a request for data titled, “Revaluation – Residential Data Verification Report”.  If you have not yet received this request, please contact the Assessor’s Office.

You may be wondering, exactly what is a revaluation and why does it need to be done? Per Connecticut State Statutes, “revaluation” or “revalue” means to establish the present true and actual value of all real property in a town as of a specific assessment date.

Revaluation is a revenue neutral process.  That means the total amount of taxes a town needs to collect is the same regardless of whether or not a revaluation takes place.

The main purpose of a revaluation is to correct inequalities in the tax burden that have developed since the last revaluation.  In addition, Connecticut statute requires that all real estate be revalued every five years. A municipality incurs penalties and loses certain state grant money if they do not conduct a revaluation.  

If you have additional questions about the revaluation, please refer to the Assessment & Revaluation Frequently Asked Questions on the Assessor page of the Town website.