Assessor Ken Whitman made this announcement in an email message he sent this week to the Forum.
“The effect of the revaluation will be reflected in the taxes payable July 2014/January 2015. Assessed values will reflect the real estate market as of Oct. 1, 2013.”
State law requires that revaluations be conducted at least every five years. The last revaluation in Weston was done for the 2008 grand list.
The law also requires that all real property be physically inspected every 10 years. Weston had performed a full physical inspection for the 2008 revaluation. In other words, physical inspections on all property are not required for the 2013 revaluation.
The town has hired the firm of Vision Government Solutions of Northboro, Mass., to assist with the valuation process.
In order to appraise property as accurately as possible, the assessor says he is inspecting all properties that have sold since July 1, 2012. A letter explaining the process is mailed to the new owner or owners within a few weeks of the recording date. The letter also contains a sales questionnaire on the reverse side to be filed out by the owner. The sales questionnaire is meant to verify the circumstances of the transaction and determine the veracity of the sale.
Vision’s property appraisers will be performing an initial visual inspection of sale properties to date starting in late April. The appraisers will have Vision Government Solutions identification badges as well as a letter of introduction issued by the Town of Weston, and their names and vehicle information will be registered with the Weston Police Department.
This segment of the revaluation will take only a couple of weeks and should be completed by May 1, Mr. Whitman noted.
“The assessor is the town’s real estate appraiser and the revaluation is the assessor’s opportunity to garner any and all data relevant to the appraisal process,” Mr. Whitman noted in his statement. “The better the data, the better able the assessor is to accurately value property.’
Mr. Whitman extended his “appreciation to all taxpayers of Weston for their assistance in this most important endeavor. The assessor’s office in turn will make every attempt to accommodate all home and business owners.”
The revaluation is expected to be completed in the fall, with preliminary valuation notices mailed to all real estate taxpayers in November
Those with questions may call Mr. Whitman at 203-222-2606.