Assessors in Your Yard

The Edgartown board of assessors has begun a property revaluation project to update property values for fiscal year 2012. The revaluation is necessary in order to bring local property assessments in line with local real estate market changes, so assessments meet the requirements of the Department of Revenue.

The initial phase of the project involved analyzing property sales for the calendar year prior to the Jan. 1, 2011 date of assessment and then comparing those sales to the existing assessments.

Updated property values are reviewed in the field to ensure fairness across the board. That part of the project is now underway.

Personnel from the town’s revaluation consultant, Vision Government Solutions, will conduct the review of new values and visit Edgartown properties over the next several weeks. The process consists of exterior review only. All personnel carry identification. Property owners who have any questions may contact the assessors office at 508-627-6140.