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Plaistow revaluation raises townwide assessed value about 42%; impact notices going out this week

5733294 · August 11, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

KRT, the town's contracted assessor, told the Board of Selectmen that a statistical revaluation based on April 1, 2024–March 31, 2025 sales raised Plaistow's total assessed value from about $1.4 billion to about $2.0 billion; preliminary notices will be mailed this week and owners have 10 business days to request hearings.

PLAISTOW, N.H. — KRT, the town’s contracted assessor, told the Board of Selectmen on Aug. 11 that a statistical revaluation based on sales from April 1, 2024, through March 31, 2025, raised the town’s total assessed value from about $1.4 billion to about $2.0 billion — an increase of roughly $600 million, or just over 42 percent. The revaluation firm said the changes vary by property class: single-family homes rose about 46.7 percent, condominiums about 42.7 percent, multifamily properties about 53 percent, residential vacant land about 39 percent and commercial/industrial properties about 34.4 percent. "Single families are up 46.7%," said Kevin Leen of KIT Appraisal/KRT…

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