Land values can go up or down, but rarely significantly down; depends on the market and what time frame of assessment.
MoBo does 20% per year for five years and land value assessments can be
skewerd accordingly.
https://www.moultonboroughnh.gov/Doc...nual-Updatepdf
Tax rates rise when spending rises.
As far as Meredith, look to their spending.
Land values peeking in Meredith ... you're kidding right!!!
https://www.meredithnh.gov/DocumentC...x%20bill%20for
https://www.laconiadailysun.com/news...2d5d81b70.html