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Posted on: August 23, 2019

Auburn Assessor's Office - FY20 Preliminary Real Estate Values Now Available to Public

The Auburn Assessor has been conducting the FY 2020 Quinquennial Revaluation as required by Massachusetts State Law. This periodic update of values ensures that all property is assessed at full and fair market value as of January 1, 2019. The Assessor has received preliminary certification by the Massachusetts Department of Revenue and the official period of public disclosure is now open.

The revaluation requires the verification, analysis and use of at arms-length sales from calendar year 2018. Sales from the year 2017 were used to value property when the number of 2018 sales were insufficient for analysis. Market trends may indicate that different property types may change in value more or less than other property types. On average, single-family homes increased in value by 5.8%. The average condominium increased by approximately 8.4%. The commercial class increased by 4.6% and the industrial class by 4.2%. Individual parcel valuations may vary from the average class increase due to typical differences, data updates and corrections, new construction and the effect of market trends for specific characteristics.

Interested parties may examine new proposed values, to review and discuss any questions and request changes to their assessment during the Public Disclosure period from 9/3/2019 to 9/17/2018.

Values are available at the Assessor’s Office in Town Hall

Town hall hours:  Mon 8-7     Tue 8-4     Wed 8-4     Thur 8-4      Fri 8-1

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