Board of Assessment Review Hearing Minutes
The Board reviewed an application for tax abatement concerning the property located at 51 Great Hill Road. The applicants argued that the Town's assessment was based on overvalued comparable properties and failed to account for the actual condition and utility of their specific site. The Town Assessor defended the valuation by referencing mass assessment standards, the classification of the property as waterfront, and benchmark sales data. Following the discussion, the Board voted to grant the abatement and adjusted the property's valuation to $1.55 million.
