Home prices aren’t set in stone. A property’s value can shift depending on who’s doing the calculation—and why. That’s why you’ll often hear two different numbers thrown around during a home sale: ...

Tax assessments calculate asset values to determine the tax amounts you owe. Explore annual property assessments and see how they can affect your tax payments.

When evaluating real estate, it's important to know the difference between assessed value and market value. Assessed value determines property taxes, while market value is the price a property would ...

Taxpayers know their property taxes are expressed in terms of mills or “millage.” The higher the millage number, the bigger the tax bill. But many don’t understand where that comes from. For taxing ...

President of the CT Association of Assessing Officers and Groton Assessor Mary Gardner answers our questions about how property values are assessed and how those values can impact the mill rate in ...