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Two-thirds of Vermont towns will reappraise homes this year. Here's what it means for you

An image showing seven toy homes standing atop stacks of coins, indicating rising values of the homes. The tallest stack of coins, to the left of the frame, has a hand holding a magnifying glass in front the home atop the coin column, indicating an assessment of the home's value.
Tinnakorn Jorruang
/
iStock
A surging real estate market has led to mandatory reappraisals for homes in about two-thirds of Vermont towns and cities. This hour, we talk with a state tax official about the reappraisal process.

Property values in Vermont are soaring, and that means homes in two-thirds of Vermont towns and cities will need mandatory reappraisals this year, according to a new assessment from state tax officials.

This hour, we'll hear from the Tax Department about what these reappraisals mean for homeowners and potential buyers.

Our guest is:

  • Jill Remick, director of property valuation and review for the Vermont Department of Taxes

Broadcast live on Tuesday, Jan. 24, 2023, at noon; rebroadcast at 7 p.m.

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Connor Cyrus was co-host and senior producer of Vermont Edition from 2021-2023.
Matt Smith worked for Vermont Public from 2017 to 2023 as managing editor and senior producer of Vermont Edition.