Revaluation Countdown

Are you in a Revaluation 2011 town? If so, then it’s just about time for the new fair market values to be distributed. Have you been checking your mailbox daily? Exciting, right?!? What’s the number going to be … how much is your home worth as of October 2011? There a good chance it will be a lower number than from the 2006 revaluation. Which is sad, but that’s the reality these days. So the

Property Taxes in the City of Hartford

One of the most difficult conversations that I have as a real estate agent is explaining the property tax system in the City of Hartford. Most of the time the subject comes up as I’m touring around with a buyer and trying to cover various home buying subjects as we drive from one property to the next. My client will casually ask about taxes, expecting an answer along the lines of “They’re low/high compared to

Property Taxes and Revaluations

We’re sensing some confusion over the future direction of property taxes among some of our buyer clients and homeowner friends. We don’t know pretend to know exactly what will happen, but have a theory we thought we should share: You’ll notice that property values (assessments) do not figure into the property tax calculation. Even though your home, or the home you hope to buy, may have fallen in value since the last revaluation, you should

Who Pays the Most Taxes in Hartford County?

So who pays the most taxes in Greater Hartford? It’s not as easy to figure out as it might seem. All the talk of revaluations, budgets, and referendums got us thinking about how we could get at that question using the real estate data in the MLS. We decided to look at all the single family home sales in Hartford County that were input using the Grand List 2009 mill rates. The initial data set

Leaving West Hartford?

Yesterday the weather was perfect for a winter open house. Pretty much a spring day in February. My sellers in the West End of Hartford had some good traffic come through their homes, with lots of people seriously looking. I had some good conversations with the various buyers and I noticed an interesting trend emerging. Of the 23 groups of people that visited my open house, 8 were from West Hartford. Every one of them