2021-2025 Cyclical Revaluation Project

 

Over the next four years State of NH, DRA Certified, personnel from the assessing firm of Cotterie, LLC will be performing data verification of one-quarter of the properties in the Town of Epsom per year.  This is part of a five-year revaluation process the Town has contracted with the company to perform.

 

The appraisers will adhere to the following guidelines during the cyclical revaluation process:

 

If a property owner is home, the appraiser will ask the homeowner to allow them to perform an interior inspection of the buildings. All appraisers will be wearing identification badges. The appraisers will be looking for information such as the following:  quality of construction, year built, functional utility, condition, number of bedrooms, number of bathrooms, type of floors, type of interior walls, and type of heat.

 

Homeowner’s input is welcome. If the homeowner has information about the property that may not be apparent to the appraiser, such as seasonally wet basements, cracks in foundations, and leaking roofs, they are encouraged to bring that type of information to the appraiser’s attention. After the interior inspection is complete, the appraiser will measure all buildings on the property.

 

In most cases, the total time for the interior inspection should not exceed 10 minutes. No property will be entered unless there is someone at least 18 years of age at home at the time of the visit. It is important that the appraisers be allowed inside to help ensure an accurate assessment.

 

If the homeowner is not home, the appraiser will leave a notice stating that they visited the property and measured the buildings and indicate that the homeowner will receive a letter in the future, which will inform them of the dates and times in which homeowners can make appointments for an interior inspection.

 

When all inspections are complete, the Supervisor will set values based on recent sales of properties in town. By September/October of 2025, taxpayers will be notified by letter of their new value(s) and lists of all values will be posted around town. After values have been set, taxpayers are encouraged to schedule an appointment with the appraisers to discuss their values. The dates, times and places of these appointments will be included in the notification letter.

 

When the informal review process is complete, values will be finalized and given to the town.  Subsequent tax bills will be based on these new values and a new tax rate. When the final tax bill is received by a taxpayer, and the taxpayer disagrees with their new value, they may appeal, by an abatement request, to the selectmen, on or before March 1st of the following year.