From the latest Waterville Valley Wig Wag that comes out every month: the recent reassessment done by the Nyberg Purvis Co, a certified assessor, has raised all property in Waterville Valley an average of 43% from 2003-2004. One home that has been for sale for a year for 550k has been valued at 750k. It had been 12 years since an assessment and not just a percentage adjustment was done last.
Now, all NH towns are required to reassess at least every five years as the result of a City of Portsmouth vs State of NH lawsuit over education funding that was tried in Superior Court and appealed in NH Supreme Court in 2001.
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