After months of planning, the Town of Mamaroneck property revaluation is going full steam ahead.
GAR Associates—the Amherst, NY based real estate appraiser that the town awarded a contract to on Sept. 7 for $919,000—will begin their data collection on individual properties in December. The process is expected to continue through June 2012.
The town also passed a resolution in September to, "pay the expense incurred in the employment of experts to appraise the value of real property in and for the Town,” which would put the project’s total cost in the neighborhood of $2.2 million.
For those unfamiliar with the process, GAR will concurrently be hosting a series of 11 public education workshops to guide residents through the complex process of revaluation.
“The workshops are run like a school classroom with handouts and explanations,” said Town Administrator Steve Altieri.
Within the next two weeks, letters will be sent out to approximately 8,500 property owners in the town outlining the basics of the revaluation project and urging people to call and reserve a seat in the upcoming workshops. The letter will also include a preliminary property inventory form to be completed by residents to aid the assessors in their data collection.
Once the collection process is completed, the valuation process will begin in August. Residents will be sent their final value assessments in February 2013, according to the plan, and there will be another series of workshops in March to review and make sense of the revised assessments. The tentative roll of assessments will be filed in June.
For those that can’t make the workshops, both the first and second workshops will be televised by LMC-TV and rerun periodically.
The board unanimously approved a motion for the town to sign a contract with GAR Associates to work on the project.
For further updates on the reval project, visit the Town of Mamaroneck website here and click on the “Real Property Assessment” link on the right side of the screen