Property Revaluation in Connecticut - What Homeowners Need to Know

Property revaluation happens every five years in Connecticut, but what does that mean for you as a homeowner? In this episode, we break down the revaluation process, explaining how your property is assessed and how those assessments influence your property taxes. You’ll learn about the role of the mill rate, why property value increases don’t always lead to higher taxes, and how revaluation impacts the entire community.We also discuss what to do if you believe your assessment is inaccurate, programs that can help if your taxes increase, and how to plan ahead if you’re thinking about selling your home. Whether you’re concerned about your wallet or just want to better understand the system, this episode has everything you need to feel informed and empowered. If you’re interested in buying, selling, or renting real estate anywhere within the State of Connecticut, please visit our website to see how we can assist you!