2019 Revaluation Residential Data page 2

2019 Revaluation: Residential Data

Included on this page are more details on how various types of residential properties changed their valuation during the 2019 revaluation. This data provides an interesting perspective on market conditions, but it should be noted that the rate of change from 2018 to 2019 doesn't necessarily reveal any useful information on the validity of any particular new valuation, because what matters in considering a new valuation is:

  1. Whether the property is valued in a similar manner as similar properties, and
  2. Whether the assessed valuation reflects the approximate the market value of poperty.

If you are concerned your property's new valuation is incorrect, please visit the residential property review page for more information on the options available for correcting the valuation. For additional data on the revaluation results, see page 2 of the residential data.

Valuation change by property style
Property style 2018 Property  Valuation 2019 Proposed Valuation % Change % of Total Proposed Valuation
Three Family
$11,914,300
$11,757,400
-1.3%
2.0%
Two Family
$23,133,400
$22,971,100
-0.7%
3.9%
Camp
$5,831,200
$6,008,100
3.0%
1.0%
Mobile - DW
$1,979,400
$2,205,600
11.4%
0.4%
Mobile Home
$3,462,100
$3,886,200
12.2%
0.7%
Split Level
$1,338,200
$1,503,100
12.3%
0.3%
Raised Ranch
$11,033,900
$12,477,920
13.1%
2.1%
Duplex
$12,557,600
$14,205,000
13.1%
2.4%
Conventional
$199,793,200
$227,741,410
14.0%
38.6%
Cape Cod
$67,169,400
$77,157,710
14.9%
13.1%
Bungalow
$4,430,700
$5,090,300
14.9%
0.9%
Colonial
$66,016,200
$77,703,890
17.7%
13.2%
Ranch
$61,122,700
$72,423,920
18.5%
12.3%
Mansion
$972,600
$1,166,300
19.9%
0.2%
Antique
$16,896,600
$20,314,500
20.2%
3.4%
Row House
$10,780,500
$13,327,600
23.6%
2.3%
Contemporary
$16,018,700
$20,336,740
27.0%
3.4%
Grand Total
$514,450,700
$590,276,790
14.7%
100.0%

 

Valuation change by year built
Year Built 2019 Proposed Valuation 2018 Property Valuation % Change % of Total Proposed Valuation
to 1900
$266,792,410
$239,336,700
11.5%
45.2%
1901-1930
$92,075,110
$79,217,100
16.2%
15.6%
1931-1950
$53,602,150
$45,223,800
18.5%
9.1%
1951-1970
$36,674,200
$32,539,900
12.7%
6.2%
1971-2000
$91,984,680
$78,806,000
16.7%
15.6%
2001-2010
$33,574,340
$28,008,500
19.9%
5.7%
2011-2019
$15,668,400
$11,296,600
38.7%
2.7%
Grand Total
$590,371,290
$514,428,600
14.8%
100.0%

Valuation change by building size
Square Feet 2018 Property  Valuation 2019 Proposed Valuation % Change % of Total Proposed Valuation
1-500
$2,373,400
$2,585,200
8.9%
0.4%
501-1,000
$20,225,700
$24,814,000
22.7%
4.2%
1,001-1,500
$91,351,600
$110,019,060
20.4%
18.6%
1,501-2,250
$168,026,200
$194,346,250
15.7%
32.9%
2,251-3,500
$154,316,100
$172,559,480
11.8%
29.2%
3,501-7,000
$74,247,400
$81,482,000
9.7%
13.8%
7,001-10,000
$3,418,400
$4,030,700
17.9%
0.7%
10,000+
$579,100
$651,300
12.5%
0.1%
Grand Total
$514,537,900
$590,487,990
14.8%
100.0%

Value change by story height
Story Height
2018 Property Valuation 2019 Proposed Valuation % Change % of Total Proposed Valuation
1 & 1.25 story
$105,869,600
$123,949,020
17.1%
21.0%
1.5 to 2 story
$398,013,000
$453,920,770
14.0%
76.9%
2.5-2.75 story
$7,771,600
$9,411,500
21.1%
1.6%
3-4 story
$2,883,700
$3,206,700
11.2%
0.5%
Grand Total
$514,537,900
$590,487,990
14.8%
100.0%

Valuation change by land area
Land area 2018 Property Valuation 2019 Proposed Valuation % Change % of Total Proposed Valuation
<0.1 acre
$38,543,300
$45,802,600
18.8%
7.6%
0.1-0.2 acres
$158,341,000
$185,441,400
17.1%
30.8%
0.21 to .4 acres
$142,674,600
$162,469,600
13.9%
27.0%
0.41 to 0.5 acres
$27,108,500
$30,065,800
10.9%
5.0%
0.51 to 0.75 acres
$28,390,300
$31,708,100
11.7%
5.3%
0.76 to 1 acre
$20,449,000
$23,192,500
13.4%
3.9%
1.01 to 2 acres
$42,930,600
$48,599,840
13.2%
8.1%
2.01 to 10 acre
$45,050,300
$49,292,650
9.4%
8.2%
10+ acres
$22,840,800
$25,598,420
12.1%
4.3%
Grand Total
$526,328,400
$602,170,910
14.4%
100.0%