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The original item was published from 4/1/2019 9:35:20 AM to 9/2/2019 12:00:01 AM.

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Real Property News

Posted on: April 1, 2019

[ARCHIVED] Victory 2019 Reassessment Sales Book

Victory

Town of Victory 2019 Reassessment Project Sales Book

When a municipality does a reassessment project, a key factor in determining appropriate values is to rely upon market sales.

This book contains sales of properties the town assessor used to compare to other similar properties in the town as a basis for the new assessments.

NYS Office of Real Property Tax Services provides the assessor with trend analysis for sales that occur over a period of time to arrive at “Time Adjusted Sale Prices.” This allows the assessor to utilize sales from as far back as 5 years ago (7/1/2013) and trend them forward to arrive at the best estimate of the most likely selling price today.

View Sales Book (PDF)
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