2019 Revaluation Residential Data page 2

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 property.

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. 

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%

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