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Annually property values in Shelburne are compared against 3 years of valid sales to generate a Common Level of Assessment (CLA) and Coefficient of Dispersion (COD). As of April 1, 2020 the CLA in town was 91.47% with 100% indicating the sales and assessments, on average are the same. The COD was 12.48% with zero (0%) indicating all sales and assessments matched. A 20% COD indicates an unacceptably large dispersion between the assessments and valid sale prices.
The town completed revaluations in 2003 and 2008. The real estate market is dynamic and also property owners make changes where permits may be necessary. These two things support a periodic town-wide revaluation.