#MIDDLEBURY
By MARJORIE NEEDHAM
Middlebury Assessor Chris Kelsey tells us it is time to again revalue all Middlebury residential and commercial properties. The town is required to do this every five years, and it was last done in 2011. Vision Government Solutions Inc. has begun its revaluation work and will complete the project by Oct. 1 of this year.
Property owners can expect a data mailer in their mail boxes during the first half of August. They will be asked to verify the data on the mailer and return it by email, fax or regular mail to Vision Government Solutions.
“There’s no need to worry about big changes. I don’t see any big changes coming. We’re doing the revaluation because we are mandated to do it,” Kelsey said.
While he expects most residential property values to remain close to those in the last valuation, Kelsey said property values may come down a bit for higher end residential properties, those valued at $800,000 or more. He said commercial property values have been relatively stable, but they may go up a bit.
The new values can be expected sometime in December. As part of the revaluation, the town had a fly-over done in April. That fly-over shows each property in great detail so the assessor can note any significant changes since the last valuation.
