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Showing posts from December, 2023

Town Council Begins Revaluation Updates With Sharp Jump in Home Values—and Worries About What Comes Next

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The town assessor cited four examples to the Town Council monday of price gains on Enfield homes since the last revaluation. This home showed the most dramatic increase. The jump may be due to strong demand for lower-priced homes, upgrades made between sales, or a combination of both. 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 t...
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PZC approves 70-unit housing development in Thompsonville

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  Screen shot from PZC meeting. Site plan of Impact Residential project. Despite parking concerns, the Planning and Zoning Commission approved a 70-unit housing development on the former Strand Theater site. The Commission voted 5-2 Thursday. The action allows Impact Residential to proceed with its project, which includes 56 units of affordable housing. The project met opposition due to fears of increased on-street parking, with opponents including Mayor Ken Nelson. At its Dec. 4 meeting, the Council rejected a grant application that would have assisted developer Impact Residential. Nelson suggested allocating the grant to a "parking structure" instead. "We have to address the parking, which is already a problem, and we just can't make it worse," Nelson said at the earlier meeting. But at Thursday's meeting, PZC Chair Lewis Fiore, highlighting the area's designation as a Transit Oriented District (TOD), argued that rejecting the project would undermine t...
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Rebuilding Thompsonville will take housing and new ideas

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We're on the cusp of doing something extraordinary with Thompsonville, but we're also steps away from making some bad decisions.  Thompsonville needs help. It has a high percentage of absentee owner buildings. When I graduated from Enfield High School in 1972, some properties that were in bad shape then are still in bad shape. Thompsonville needs investment and housing conversions to condos. We need more owner-occupied. The train station and improved bus transit will help a lot.  The town has already invested considerable effort in revitalizing Thompsonville.  Higgins Park, and their busy schedule of seasonal events, may become a traffic generator for new retail in Thompsonville. The Freshwater Pond improvements are stunning. I walk my dog weekly in the area, and she loves it, and so do I. It's beautiful.  However, these efforts to transform Thompsonville into one of the city's most attractive neighborhoods and an investment hub could easily unravel. Achieving a posi...
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