The Assessor's Office has collected resources for residential property owners to help you understand how assessments work, how assessments are calculated and how property cards are created.
The Residential Assessment Information document is a useful resource to understand how the Assessment process works.
Download the Residential Assessment Information (PDF).
Below is a table of contents:
SECTION A - METHODOLOGY
• PROPERTY ASSESSMENTS EXPLAINED
• HOW TO READ YOUR PROPERTY RECORD CARD
SECTION B - LAND VALUATION
• LAND CURVE CHART
• NEIGHBORHOOD MODIFIER
• LAND PRICING INSTRUCTIONS
• LAND VALUATION MODE L
SECTION C - BUILDING VALUATION
• BASE RATE DOCUMENTATION
• BUILDING STYLES
• EFFECTIVE AREA FACTORS
• QUALITY FACTORS
SECTION D - RESIDENTIAL ANALYSIS
• OVERALL ANALYSIS
• LAND USE CODE ANALYSIS
• VACANT LAND ANALYSIS
• PRD ANALYSIS
SECTION E -TABLE S
• SIZE ADJUSTMENT TABLE
• DEPRECIATION SCHEDULE
SECTION F - ASSESSPRO SYSTEM CALCULATIONS
• LAND AND BUILDING CALCULATIONS
This report was prepared by KRT, the firm hired by the city to perform the most recent property revaluations and was ordered released by Nashua Mayor Jim Donchess.
View or download the Management Audit Report (PDF)
This is a final report on a Management Audit of the Assessing Department. This study was commissioned by Mayor Jim Donchess and was conducted from November 2018 through February 2019 by Chief Financial Officer John Griffin and Chief of Staff Kim Kleiner.
The NH Department of Revenue has reviewed the USPAP (Uniform Standards of Professional Appraisal Practice) mass appraisal report submitted by KRT on behalf of the City of Nashua and concluded the report complies with all state requirements, applicable laws and rules.
The Understanding NH Property Taxes publication is a product of an Assessing Standards Board subcommittee, originally authorized by the State of New Hampshire Assessing Standards Board (ASB).