Residential property assessments likely to increase in Manchester revaluation as home sales remain brisk

Jesse Leavenworth, Hartford Courant
·3 min read

The red-hot home sales market will affect this year’s revaluation in Manchester, shifting value from commercial properties to the residential side, according to the town’s chief assessor.

The ongoing 2021 revaluation updates assessments made five years ago. Preliminary notices with new property values are to be sent in November, assessment and collection Director John Rainaldi wrote in a presentation to the board of directors.

The first tax bills using the 2021 revaluation will be due in July 2022. Assessments reflect 70% of full market value. A higher assessment does not necessarily mean higher taxes because the tax rate can change, depending on the grand list of taxable property and town leaders’ budget decisions.

Inspectors with the town’s revaluation contractor, Vision Government Solutions, have visited every property in town, recording exterior measurements and other data. Because of the coronavirus pandemic, the company did not do interior inspections, relying instead on property owners to complete data mailers.

Residential lots and structures make up about 90% of Manchester’s approximately 19,000 real estate properties.

“In 2020, and moving into 2021, residential sales activity has been brisk and is showing significant appreciation” in town and throughout the state, Rainaldi wrote in the presentation. “Commercial sales activity has been much less active, with some properties showing increases in value, and some showing decreases.”

Home sale prices have soared across Hartford County, with intensifying competition among buyers and the number of houses for sale dwindling in all 29 towns and cities.

From the end of March 2020 through March 2021, the median sale price of a single-family house jumped 13% in Hartford County to $263,000, compared with $235,000 for the same period a year earlier, according to a report from real estate brokerage firm William Pitt Sotheby’s International Realty.

The gains in sale prices were not contained to wealthier suburbs, but distributed among a demographically diverse set of communities.

Two examples included in the Manchester revaluation presentation:

A 1,388-square-foot raised ranch with three bedrooms and three bathrooms, built in 1976 on a .32-acre lot in the Keeney Street area, was appraised by the town in 2016 at $204,300 (full market value). The house sold in 2015 for $220,000 and again in January of this year for $260,000, an appreciation of 27.26% from the 2016 value.

A 1,464-square-foot condominium, built in 1973 in the Lydall Street area, with three bedrooms, two full- and two half-bathrooms, was valued at $121,000 five years ago. The unit sold on March 25 for $182,000.

Rainaldi said he anticipates that assessments on many residential properties will increase, but there are no across-the-board numbers yet.

Property owners who feel their assessments are incorrect can appeal and attend informal hearings, to be held in November and December, with Vision Government Solutions. Assessment notices sent after the grand list is signed in January may be appealed to the town’s board of assessment appeals by Feb. 20, 2022.

To look up current property values and review tax relief programs, visit

Jesse Leavenworth can be reached at