Reval Brochure

Town of Plainfield

Revaluation

Frequently Asked Questions

Q: What is a revaluation?

A: A revaluation, or reassessment, means that CLT, along with the Assessor, will determine the current fair market value of every property in the Town. When the revaluation is complete, your new assessment will be equal to 70% of the market value of your property.

Q: Why is the Town reassessing all properties?

A: The State of CT mandates all towns and cities to revalue all properties every 5 years and because property values have changed so much over the years, inequities have emerged. A revaluation addresses the inequities so that each property owner pays only his or her fair share of the tax burden.

Q: Does this mean the Town is going to collect more taxes as a result of the revaluation?

A: No. A revaluation neither increases nor decreases tax revenue, it merely redistributes the total tax burden more fairly.

Q: Right now my assessment is less than 70% of the current full market value, does this mean I am under-assessed and will pay more taxes?

A: Not necessarily. Since nearly all properties in the Town are assessed at less than 70% of current market value, those assessments will increase as a result of the revaluation and the mill rate will be changed to reflect the higher grand list and the budget approved after revaluation. Individual taxes will change based on their fair share of the grand list from before to after revaluation.

Q: How will the value of my property be determined?

A: Based upon the data collected at your property, along with an analysis of recent sales of similar homes in your neighborhood, CLT will utilize a computer assisted mass appraisal process to estimate your home’s current market value. Values will be reviewed by both CLT and the Assessor.

Q: What will a data collector do when he/she comes to my door?

They will ask you questions about the property, such as year built, number of rooms, etc.

Ask permission to view the interior of the property.

Measure the outside dimensions of the residence and any other structures.

They will NOT be collecting any information on personal property, such as artwork, furniture or appliances.

They will NOT be a be able to answer questions about the current value or assessment

Q: How long will the inspection take?

A: Inspections typically take 10 to 15 minutes to complete. You are encouraged to accompany the data collector during the inspection as they verify the data currently listed for your property.

Q: Do I have to cooperate with Tyler | CLT?

A: It is in every taxpayer’s best interest to ensure the new assessments are based on accurate data. The best way to achieve this is to allow the data collector to inspect your property. A data mailer detailing the physical attributes collected will be mailed to you in early 2007. It is critical to the success of the program that everyone participate to verify the quality of the project.

Q: Will every property be inspected?

A: Yes. All properties will be inspected.

Q: What if I’m not home when the data collector visits and I haven’t rescheduled my appointment?

A: The data collector will verify the exterior measurements of all buildings on the property only.