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North Brookfield assessors explain five-year revaluation and what it means for tax bills
Summary
North Brookfield assessors told the Board of Selectmen on Sept. 23 that the town has completed a statutorily required revaluation of real and personal property and has received preliminary certification from the Massachusetts Department of Revenue.
North Brookfield assessors told the Board of Selectmen on Sept. 23 that the town has completed a statutorily required revaluation of real and personal property and has received preliminary certification from the Massachusetts Department of Revenue (DOR).
“In compliance with the Massachusetts general laws, chapter 40, section 56, the board assessors have completed revaluation,” an assessor said, explaining that the DOR sampled property cards, reviewed local sales from 2023–24 and provided a preliminary finding that many local values were low compared with recent sale prices. The assessors said the DOR selected about 100 property cards for detailed review.
Why it matters: The revaluation resets assessed values used to calculate each property owner’s share of the total property tax levy. The assessor cautioned that the valuation review covers sales from 2023 and 2024 and that 2025 sales were not used…
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