Understanding the Sandy River Plantation Revaluation
Sandy River Plantation will be completing a property revaluation which will impact your November 2026 tax bill.
Right now, the town’s assessed values are at approximately 59% of market value, meaning property values are outdated and not applied evenly.
What is a Revaluation?
A revaluation updates all property values to reflect current market value, so taxes are distributed fairly among property owners.
It is revenue-neutral—the town does not automatically collect more money.
Instead, it changes how the tax burden is divided based on updated values.
Why This Matters
Over time, property values change at different rates.
When assessments are not updated:
- Some properties may be assessed too high
- Others may be assessed too low
A revaluation corrects this so that each property owner pays their fair share.
It also helps ensure that property tax exemptions are applied accurately and consistently.
What to Expect
Process
Property data will be reviewed and may include site visits to verify information.
Timeline
Revaluations typically take over a year, from data collection to final values.
Your Property Value
You will receive notice of your new value and have the opportunity to ask questions or request a review.
How This Affects Your Taxes
A revaluation does not determine how much the town raises in taxes.
- The total tax amount is set by the municipal budget
- Property values go up → the tax rate goes down
After a revaluation:
- Some tax bills increase
- Some decrease
- Some stay about the same
This depends on how your property value changes compared to others.
Common Questions
Will my taxes go up?
Not necessarily. Changes depend on how your property value compares to others after the update.
Can I question my value?
Yes. You will have the opportunity to review your assessment and discuss it with the assessor.
Do I have to allow a property inspection?
No, but accurate information helps ensure your assessment is fair.
Questions?
We encourage residents to reach out with questions or concerns.
Additional updates will be shared through the website, social media, and public notices.