From: Avitar Associates of NE.
For tax year 2026, all prope1ty values will be updated to market value as of April 1, 2026. This is
a process that eve1y municipality must complete as often as every fifth year and was last done in
2021. With the real estate market fluctuating over the past few years, many property owners may see
values increase; however, just because values increase DOES NOT NECESSARILY mean that your taxes
will increase.
Taxes are based on the combined budgets for the Town, school, and county. The tax rate is
determined by taking the total of those budgets divided by the overall value of the Town to arrive
at a tax rate to "pay the bills". Unfortunately, there is no way to dete1mine the impact of the
update until after the values are finalized and until after the NH Department of Revenue
Administration (DRA) calculates the total amount of money needed to "pay the bills". That process
takes place in the fall, usually in October, with the Town's tax rate the result.
Enough about taxes, let's get back to the update. As part of this process, Avitar assessing staff
members will visit all the recent sale properties to verify that the physical data is accurate.
This is especially important for the sale of properties as they become the basis for the new
values.
Notices with their new preliminary value will go out to every prope1ty owner. This notice includes
instructions on how to access the website where you can schedule a phone appointment with an Avitar
representative to discuss your assessment, should you have any questions. Also included in the
notice are instructions to access the on-line database and review the information about your
property and every other property in town, including the sale properties that were used to help
establish the new values.
As pait of this process, the DRA has some oversight responsibilities, which includes visiting a
sampling of those prope1ties to verify data accuracy and monitoring the hearing process. Once the
update has been completed, Avitar will deliver to the Town a manual which describes the process in
detail. The DRA will also review that manual for compliance with applicable state law.
lf, at the end of the process, you have any further questions or concerns, please contact the town,
as they will take your contact details and Avitar will reach out as soon as possible.