Government
Town Prepares for 2023 Property Revaluation
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Town officials last week approved a $365,000 contract with a Fairfield-based company for the 2023 revaluation of all real properties in New Canaan. The Board of Selectmen during a special meeting June 22 voted 3-0 in favor of the contract with Municipal Valuation Services LLC.
Work for the reval will start in August, according to Assessor Sebastian Caldarella. In capturing market trends, the town usually analyzes two years of sales, but this time round will analyze one year of sales, from Oct. 1, 2022 to Oct. 1, 2023, he said during the meeting, held at Town Hall and via videoconference.
“So they’re going to start right away, in a sense,” Caldarella said.