How will the Revaluation be done?

KRT Appraisal, expert consultants, will be doing a statistical revaluation. A statistical update which analyzes market sales throughout the entire municipality will be done to identify and implement needed value changes to the affected areas or classes of property at the municipality’s general level of assessment.  During the next several months, KRT Appraisal Staff will be visiting all properties in Nashua. This is to ensure that the assessment data used to calculate your assessment is accurate.

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1. The City of Nashua is undergoing a State-Required Revaluation for 2018.
2. How will the Revaluation be done?
3. The Assessor came to my house this year for data verification and my value changed. Why?
4. It seems the Assessor is at my house every year. Why?
5. Does this mean every property in the City is going to be visited this year?
6. How will taxpayers know if their assessment is equitable? And what can a taxpayer do if they feel their value is inaccurate?
7. What can a taxpayer do once they receive their December tax bill, if they disagree with their 2018 assessed value?
8. What is market value and who determines my property assessment?
9. When will the new values go into effect?
10. Will this process increase my property taxes?
11. What will the 2018 property tax rate be so a property owner can calculate their property tax amount?