City of Hartford issued the following announcement on October 28.
Revaluation to Update Assessments to 100% Market Value in 2022
The City’s Assessor, Associated Appraisal Consultants, will be conducting a revaluation of all properties in 2022 for the purpose of updating all assessed values to reflect current market conditions. The last time the City’s assessments were updated to market value was in 2018. Based on the assessor’s latest estimates, the City’s assessment level is approximately 25% below recent sale prices. Click the “Read On” link to go to the City’s Finance Department page for links to the full announcement.
Original source can be found here.
