Politics & Government

New Canaan To Mail Out New Property Value Assessments

The town has completed a revaluation of all real property and property owners will soon receive a notice of assessment in the mail.

The town has completed a revaluation of all real property and property owners will soon receive a notice of assessment in the mail.
The town has completed a revaluation of all real property and property owners will soon receive a notice of assessment in the mail. (RJ Scofield/Patch Staff)

Information via the town of New Canaan

NEW CANAAN, CT — The town has completed a revaluation of all real property and New Canaan property owners will be receiving a notice of assessment for their property in the mail between Dec. 4 and Dec. 15.

According to a news release provided by the town, the assessed values are based on 70 percent of estimated fair market value, in accordance with state law.

Find out what's happening in New Canaanfor free with the latest updates from Patch.

The notices of assessment are not tax bills, town officials said. The mill rate, based on the Grand List of all new property assessments, will be set by the Board of Finance in May 2024.

Tax bills reflecting the new assessments will be sent to property owners in June 2024, town officials said.

Find out what's happening in New Canaanfor free with the latest updates from Patch.

A complete list of New Canaan's new property assessments, along with the assessments from the last revaluation of 2018, may be found at newcanaan.info/departments/assessor starting Dec. 4.

Once the notices have been received by mail, if property owners wish to have a review of their property assessment they may schedule an informal hearing with the revaluation firm, Municipal Valuation Services, by going to munival.com/appointments.

In-person reviews will be held at Town Hall. Reviews over the phone are also available with an appointment.

Those who do not have access to a computer may schedule an appointment by calling 203-292-5500, Monday – Friday between 9 a.m. and 4 p.m., according to town officials.

Appointments for an informal hearing are to be booked by Dec. 27. The reviewers will discuss current data information and concerns but cannot discuss tax rates or estimated tax bills since a new mill rate (tax rate) has not been established, town officials said.

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