Town Council Begins Revaluation Updates With Sharp Jump in Home Values—and Worries About What Comes Next
Side from Town Assessor's presentation at Monday's Town Council's presentation on the property revaluation. Vision Governmental Solutions is the town's revaluation contractor. The Town Council plans to give regular public updates on the upcoming property revaluation. The first of those updates came last night with a look at how sharply residential property values have increased since the previous revaluation. Enfield is conducting a property revaluation as required by state law. The process will run through 2026, and residents will receive their new assessments in November of that year. Those assessments will apply to the FY28 budget, which takes effect in July 2027. Residential values in Enfield have risen significantly since the 2021 revaluation (See examples below). The concern for town officials is a potential tax shift: if commercial property values have not increased at the same rate as residential property values, a greater share of the town’s tax burden will fa...

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