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Understanding 9/11As required by State law, the Assessor’s set the FY2023 values by analyzing arm’s length sales that occurred in calendar year 2021.
The average residential parcel saw a value increase of approximately 27% from FY2022 to FY2023 as reflected by the strong 2021 real estate market.
This does not mean a 27% increase in the average tax bill.
The increase in parcel value equated to a significantly lower residential tax rate.
Learn more - WATCH the 1st episode of Barnstable 101, a new series produced by Barnstable Channel 18
The average residential parcel saw a value increase of approximately 27% from FY2022 to FY2023 as reflected by the strong 2021 real estate market.
This does not mean a 27% increase in the average tax bill.
The increase in parcel value equated to a significantly lower residential tax rate.
Learn more - WATCH the 1st episode of Barnstable 101, a new series produced by Barnstable Channel 18
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