Propery Valuation Topics - Spring 2012

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In This Issue:

- 2012 Revaluations Loom

- Not All Comparables Are Equal

- The Bubble Returns?

- Odd Tax Exemption Case Decided

Excerpt from 2012 Revaluations Loom

The western Connecticut communities of Danbury, Bethel, Ridgefield, Redding and Newtown, among many other municipalities around the state, will conduct community-wide real property revaluations with respect to their October 1, 2012 assessment dates. One assessor expects that “all real estate values will decrease” but hesitates to offer any further guidance until additional data are gathered and studies are made.

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