Understanding the 2026 Revaluation

What Is the 2026 Revaluation?

New Hampshire law requires municipalities to periodically update property assessments so they reflect current market values. The Town of Warren has completed this town-wide process for the April 1, 2026 tax year.

KRT Appraisal reviewed properties and recent real estate market information to establish new assessments based on each property’s fair market value. These assessments reflect changes in Warren’s property values since the last revaluation in 2021.

A Higher Assessment Does Not Automatically Mean a Higher Tax Bill

Your property assessment determines your share of the taxes that must be collected. It does not determine how much money the Town raises.

When property values throughout Warren increase, the tax rate generally decreases to account for those higher values. This year, Warren’s total tax rate is expected to decrease significantly.

A Simple Example

• Before revaluation: $150,000 value × $20 per $1,000 = $3,000
• After revaluation: $300,000 value × $10 per $1,000 = $3,000

In this example, the property’s assessed value doubled, but the tax bill remained the same because the tax rate decreased.

What About Warren’s Budgets?

At Warren’s Town Meeting in March, the Town budget remained relatively level. The amount to be raised from local taxpayers for the Town budget was approximately $40,000 less than the previous year. The school budget increased only slightly.

Because these budgets did not increase significantly, we are hopeful that the overall effect on taxpayers will be minimal. If budgets had increased substantially or revenues had decreased, tax bills would be more likely to increase.

Will Every Property Be Affected the Same Way?

No. The effect will depend largely on how much your property’s value changed compared with the Town’s total property value:

• If your property increased by about the Town average, your share of the taxes should remain about the same before other tax-rate factors are considered.
• If your property increased more than the Town average, your share may increase.
• If your property increased less than the Town average, your share may decrease.

School, county, and state education taxes, along with estimated revenues and other factors, will also affect the final tax rate.

Important: Do Not Use the Current Tax Rate

Please do not multiply your new assessment by the current tax rate. The current rate is based on the Town’s old property values and will not provide an accurate estimate of your new tax bill.

A new tax rate will be calculated this fall.

Learn more about property revaluations from the New Hampshire Municipal Association

Learn more about Warren's updated property values from KRT Appraisal