Lessons Learned in Obtaining a Fair Residential Tax Assessment from the City of Nashua

 

How to File an Abatement

Filing an abatement is no easy process. That’s why I’ve put together a video guide and an abatement template packet to help homeowners through the abatement process. In the video series, I break down the steps, help you understand how to know you should file an abatement, and show you how to calculate your home’s market value using publicly available data. I hope this helps provides structure to your abatement!

Video Series here.

Abatement Template Packet here.

Sample Completed Abatement here.

 
 

Nashua Property Assessment FAQ

New to property assessment? Get up to speed with the basics.

 
 
 

What are property assessments?

Property Assessment is the process of creating equitable property valuations to distribute the tax base fairly among all property owners. We all need to pay our fair share in property tax and this only happens when assessors treat property valuation fairly and objectively.

Why are property assessments important?
How does it affect me?

Changes in your property's assessment affects your property tax bill. New Hampshire has the second highest property tax rate in the United States (Texas is no.1). If property assessments are not conducted fairly, your tax bill at the end of the year will be inaccurate.

 
 

Who is responsible for property assessments?

In Nashua, the Assessing Department of the City is responsible for ensuring property assessments are conducted fairly and equitably in accordance with New Hampshire law. However, it is the homeowner's burden to double check their property's assessment is accurate. If you think your property assessment is inaccurate, you can make a dispute via the process of abatement.

How are properties assessed?

The assessment of your property relies on the collection of sales data from sold properties, which tracks real estate trends, is used to create a model to value all the unsold properties.

 
 

When are properties assessed?

The State of New Hampshire required every municipality to update their property assessment at a minimum of every 5 years. The City of Nashua updated assessments in 2004, 2005, 2007, 2009, 2013 and again in 2018. The next property assessment will start in 2020.