2022 Lebanon Property Revaluation

Find this page again by visiting LebanonNH.gov/2022Revaluation.

About the 2022 Revaluation of Property

As required by New Hampshire General Laws, the City of Lebanon and its consultant, Vision Government Solutions, have completed the city statistical update program. The value represents 100% of the fair market value as of April 1, 2022. Please note that this is not a tax bill and that the indicated value does not reflect any exemptions or tax credits. 

Impact on Property Taxes

On November 2, 2022, Vision Government Solutions and City Manager Shaun Mulholland gave a public presentation regarding the 2022 Revaluation to City Council. To further explain the impact of the revaluation process on property taxpayers, the City has mailed out the following letter to all property owners and created a video presentation. 

Assessment Review

The informal hearings with a representative of Vision Government Solutions have concluded. Property owners who are not satisfied after the informal hearing process may file an abatement application by March 1, 2023 with the Lebanon Assessing Department after the final notice of tax bill. The Assessing Department will review the abatement application and notify the property owner before July 1, 2023 of its decision. 

If your property is enrolled in the Current Use or Open Space Program, your assessment reflects the State of New Hampshire price for land in those classifications. A listing of all proposed values and recent sales will be available at Lebanon City Hall. You can also review your new assessment online at LebanonNH.gov/PropertyDatabase.

The following are various reports utilized in the analysis.

2022 Lebanon Revaluation Uniform Standards of Professional Appraisal Practices (USPAP) Compliant Manual

The Department of Revenue has completed the review of the USPAP mass appraisal for the City of Lebanon and has concluded that the appraisal complies with all requirements set forth in Standard 6 of USPAP and applicable laws and regulations.

Standard 6 applies to all mass appraisals of real or personal property regardless of the purpose or use of such appraisals. Standard 6 is directed toward the substantive aspects of developing and communicating credible analyses, opinions, and conclusions in the mass appraisal of properties. Mass appraisals can be prepared with or without computer assistance. The reporting and jurisdictional exceptions applicable to public mass appraisals prepared for ad valorem taxation do not apply to mass appraisals prepared for other purposes. A mass appraisal includes:

  1. Identifying properties to be appraised.
  2. Defining market area of consistent behavior that applies to properties.
  3. Identifying characteristics (supply and demand) that affect the creation of value in that market area.
  4. Developing a model structure that reflects the relationship among the characteristics affecting value in the market area.
  5. Calibratring the model structure to determine the contribution of the individual characteristics affecting value.
  6. Applying the conclusions reflected in the model to the characteristics of the property or properties being appraised.
  7. Reviewing the mass appraisal results.