Propery Valuation Topics - Spring 2012


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.

Please see full newsletter below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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