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.
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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.