Property Revaluation

NOTICE: John O’Donnell’s assessing office will be conducting a town-wide property revaluation this spring. A revaluation is the process of updating all property values in town to reflect their current market value (i.e., to maintain reasonable estimates of what each property could sell for on the open market). The primary purpose of the revaluation is to create equitable distribution of the tax burden in order to ensure fairness to all property owners within town, and to remain in compliance with State law. Data collection and input began in March 2026 and will continue until completion (approximately a year). Revaluations redistribute the total tax burden more fairly and equitably.

Why is a revaluation performed?

A revaluation is done to equalize the values within a municipality to ensure a fair distribution of the tax burden. It is not done to raise taxes. Property values change over time, but they do not all change at the same rate. Market value may have increased more for some neighborhoods and property types than for others, while others still may have decreased in value. A revaluation is done to make sure assessed values reflect changes that have occurred in the real estate market.

As always, please feel free to stop in at the town office or call us at (207) 743-6651 if you have any questions. You may also call John O’Donnell’s office at (207) 926-4044 or visit their website for more information: https://jeodonnell.com