Real estate revaluation image

Stratford Begins 2025 Property Revaluation: What Homeowners Should Know Right Now

Stratford homeowners are opening their mailboxes this week to find something many didn’t expect: their official Notices of Assessment Change for the 2025 Revaluation. This routine-yet-impactful update, required by Connecticut State Law, reflects the dramatic shifts in the real estate market since the town’s last full valuation cycle in 2019.

This announcement, first highlighted by Patch, brings a mixture of clarity and curiosity for local property owners. And while numbers may be rising, officials emphasize that your updated assessment is not your new tax bill.

Why Your Assessment Changed

The Town’s appraisal team analyzes current market conditions to calculate today’s property values. By Connecticut standards, these assessments represent 70% of fair market value, aligning Stratford with statewide valuation guidelines.

Important: Homeowners should avoid using the current mill rate to estimate future taxes. A new mill rate will be established in Spring 2026 once the FY 2026–2027 budget is approved.

Mayor Laura Hoydick encouraged residents to stay engaged, noting that the revaluation process is routine, structured, and designed for fairness. She advises property owners to participate in the informal hearings if they have questions about their updated values.

How to Challenge or Discuss Your New Assessment

Stratford has partnered with Vision Government Solutions to host informal assessment hearings at the Baldwin Center. These sessions are an opportunity to present documentation, compare data, and ask questions about how your property was evaluated.

Appointments run Monday through Friday, 9 a.m. to 4 p.m. (excluding Nov. 26–28). Homeowners should schedule within seven days of receiving their notice via www.vgsi.com/schedules or by calling 1‑888‑844‑4300.

Understanding the Revaluation Process

The Town’s detailed FAQ outlines how data collection, inspections, market research, and property reviews all merge to create a final value. Location, building quality, land type, recent sales, and property characteristics play major roles.

Residents should note that declining a requested interior inspection may lead to estimated factors—which could either benefit or disadvantage the final assessment.

What Happens If You Still Disagree?

After informal hearings conclude, property owners may escalate appeals to the Board of Assessment Appeals between February 1–20, 2026. If necessary, additional appeals can be filed through Superior Court.

Why This Matters for Real Estate & Future Professionals

Revaluations shape the foundation of local real estate markets. Realtors, appraisers, mortgage advisors, and investors rely heavily on accurate municipal valuations to drive decisions, set expectations, and understand the financial future of local communities.

For those forging a career in real estate—or expanding into appraisal, taxation, or property valuation—this is essential knowledge. Institutions like Cameron Academy give rising professionals the tools, certifications, and insights they need to thrive in evolving market landscapes like Stratford’s.

Where Homeowners Can Get More Help

Quick Resources

2025 Revaluation FAQ (outlined above)

Stratford Tax Assessor: 203‑385‑4025

Assessor’s Website: stratfordct.gov/page/tax-assessor

For deeper community coverage, the original reporting from Patch remains an excellent resource.

Whether you’re a homeowner navigating big changes or a professional sharpening your edge, staying informed gives you a decisive advantage in today’s market.

More Articles

Getting licensed or staying ahead in your career can be a journey—but it doesn’t have to be overwhelming. Grab your favorite coffee or tea, take a moment to relax, and browse through our articles. Whether you’re just starting out or renewing your expertise, we’ve got tips, insights, and advice to keep you moving forward. Here’s to your success—one sip and one step at a time!

Alliance Formed by Four Major MLSs in the Southeast

Four of the largest Multiple Listing Services (MLSs) in the Southeast have recently formed an alliance, establishing a data sharing network aimed at increasing referral business among real estate agents. The Charleston Regional MLS in South Carolina, Canopy MLS in North Carolina, Georgia MLS, and Realtracs, the largest MLS in Alabama, Kentucky, and Tennessee, have come together to create the Southeast MLS Alliance. This strategic partnership will enable members of these four MLSs to access over 85,000 listings across Alabama, Georgia, Kentucky, North Carolina, Tennessee, and South Carolina, providing real estate agents with valuable data and expanding their referral opportunities throughout the Southeast.

By |October 7, 2023|Categories: AI in Real Estate|Tags: |0 Comments

Family Support: A Solution to Surging Mortgage Rates

The current state of the mortgage market has presented prospective homebuyers with a significant challenge – surging mortgage rates. These rates have reached a 20-year high, hovering around 7.7%, making it increasingly difficult for borrowers to secure affordable loans. As a result, borrowers are actively seeking support from their family members to overcome this hurdle. To combat the impact of surging mortgage rates, borrowers are turning to their parents for financial assistance. This can take the form of gifted funds or by having parents become non-occupant co-borrowers. By involving family members in the mortgage process, borrowers can increase their chances of securing loans and achieving their homeownership goals.

By |October 7, 2023|Categories: Mortgage Rates|Tags: |0 Comments

Allegations Against Keller Williams Withdrawn by Franchisee

In a surprising turn of events, Inga Dow, a prominent Keller Williams franchisee and CEO of multiple Texas-based Keller Williams offices, has withdrawn her sexual misconduct lawsuit against the real estate giant. While Dow's claims against Keller Williams and its co-founder, Gary Keller, have been dropped, the lawsuit against former CEO John Davis remains ongoing. The outcome of this legal battle is still uncertain, and further details may emerge as the case progresses. Stay informed with Cameron Academy's online courses tailored to your needs and goals in the real estate industry.

By |October 6, 2023|Categories: Real Estate Industry|Tags: |0 Comments

Remote Online Notarization (RON) Legislation: A New Era in California

The recent approval of Remote Online Notarization (RON) legislation in California is a significant development that Cameron Academy is thrilled to discuss. This progressive bill, signed into law by Governor Gavin Newsom, enables individuals to notarize their documents remotely using advanced audiovisual technology. The introduction of RON legislation in California brings about numerous advantages that revolutionize the notarization process. By embracing digital advancements, California is empowering individuals and businesses with enhanced convenience and accessibility, significant time and cost savings, improved security, and streamlined workflow.

The Hidden Realities of the Default and REO Industry Uncovered

"Even though mortgage origination volumes are down, we’re experiencing a highly competitive purchase market. That means a number of businesses, seeking to grow their revenue, will likely look to expand their reach to the default and REO space. However, venturing into this industry without proper knowledge and preparation can lead to serious consequences. By understanding the lessons learned from the past foreclosure wave and staying current with the changing environment, businesses can navigate the challenges and seize the opportunities presented by the default and REO market."

By |October 6, 2023|Categories: Default and REO Industry|Tags: |0 Comments

Legal Battle in Real Estate: NAR, Brokerages Allege Sitzer/Burnett Plaintiffs’ Attempt to Evade Cross Examination

In the ongoing legal battle involving the National Association of Realtors (NAR), Keller Williams, and HomeServices of America, a recent development has emerged. The plaintiffs in the lawsuit, known as the Sitzer/Burnett plaintiffs, have filed a notice to withdraw three named plaintiffs. This move is seen by the defendants as an attempt to avoid cross-examination. The lawsuit, initially filed in April 2019, challenges NAR's Participation Rule, which requires listing agents to offer compensation to buyers' agents in order to list a property on a Realtor-affiliated multiple listing service (MLS). The plaintiffs argue that this commission sharing inflates costs for consumers, in violation of the Sherman Antitrust Act. With the trial scheduled to start on October 16, the potential damages in this suit are estimated to be up to $4 billion.