Westport Assessor: Property Revaluation on Schedule

Westport Assessor Paul Friia told the Westport Rotary Club today the town’s every five year property revaluation in on schedule with about 8,300 of 8,600 Westport taxable properties already visited. He said while the law allows residents to refuse entry to make interior checks, doing so enables a fairer valuation. “It promotes assessment equity,” Friia said. “The better data we have, the more equitable the result.” He said in addition to property visits, his office is reviewing data from 130 teardowns since April 2014 and 40 commercial sales since October 2013. The result will be a list of Westport property values as of Oct. 1, 2015, the basis for calculating a property owner’s real estate tax. Once reval notices are sent out, property owners will have an opportunity to informally then formally challenge the findings, he said. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com