To date, five batches of reappraisal notices/letters for Essex Junction residential property owners have been mailed. Property owners receiving the notices and/or finding the green inspection cards at their doors are continuing to graciously schedule interior inspections. The designated days for the scheduled residential interior inspections are Tuesday and Thursday between 9:00 am – 6:00 pm. The inspections take 10-15 minutes if the Field Appraiser has already measured the exterior, taken exterior photos, and left a green card. For a scheduled appointment, prior to any visit, please allow for at least thirty minutes for the inspection. We want to again express our gratitude to the property owners for allowing us to visit their property.
On Wednesday, October 15th letters and income and expense forms were mailed to all commercial property owners (retail, office, and mixed-use), commercial apartment, and industrial property for both town and city. The letter requests that the owners complete the 2024 income and expense data pertaining to the property. As the letter indicates, “When determining commercial property values, the Assessing Department must weigh financial as well as physical attributes (the commercial Field Appraisals will be going out to inspect the properties as well). The income approach assumes that the willing seller and buyer of any income-producing property consider the income to be derived from that property as critical in the decision to buy or sell. By completing and returning the enclosed form(s), you help ensure the development of a sound basis to estimate the income approach to value. Please be aware that this information will be used only to determine ‘market’ income and expense levels for commercial, industrial, and apartment properties. In accordance with State Law and except as provided therein, all information listed on the forms is not available to the public for inspection. [32 V.S.A. §4009].”
Because we do not have a record of which commercial properties are owner-occupied, we initially sent forms to all commercial property owners. We ask those who own and occupy their commercial property to return the forms with “owner-occupied” indicated, and if you are willing, to provide the property’s expense details.
Thank you to the commercial property owners who have returned the completed forms, and we look forward to receiving the remaining responses.
Please visit our website at the Assessing Department for more information pertaining to the Reappraisal Project 2026.
We want to thank all property owners again for their cooperation and kindness throughout this project.