How is my assessed value determined each year?
The Board of Assessors determines fair market value each year using a process called mass appraisal, which is the valuation of many properties as of a given date using standard procedures and statistical testing. Property sales in a given period are analyzed by grouping property characteristics that are important in determining market value, developing reasonable value adjustments for the property characteristics, statistically testing a model then applying the resulting estimates of value to all properties. For example, you may own a conservation-restricted parcel. This special type of land within the residential class would be assessed using mass appraisal techniques by analyzing sales of this type to develop value estimates. When there are few sales of a particular type of property, sales from other communities are examined. Assessment quality standards established by the Massachusetts Department of Revenue must be met annually in order to set the tax rate.

Show All Answers

1. Do you accept postmarks?
2. I just bought property this year, why is the prior owner still on the tax bill?
3. What is the Normal Tax Billing Schedule?
4. What if I didn't receive or misplaced my Real Estate/Personal Property Tax Bill?
5. What are the penalties for late payments or for not paying my tax bill?
6. Why are Water Charges appearing on my Real Estate Tax Bill?
7. Can the town seize my property if Real Estate Taxes are not paid?
8. How is my assessed value determined each year?
9. What is State Certification/Revaluation?
10. Should I file for abatement on my property tax?
11. How do I file for an abatement?
12. How does a building permit affect the value of my property?
13. Can I get a copy of the deed and plot plan of my property?
14. EXEMPTIONS - Do I qualify for a real estate tax exemption?
15. What are my tax dollars used for?
16. If I have questions about real estate abatements, exemptions, deferrals, or motor vehicle excise tax who can I call?
17. If I have a question regarding payment of taxes, who do I call?