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Bedford recently contracted with Vision Government Solutions to complete a town wide valuation update for 2021; the previous biennial re-assessment was in 2019, preceded by 2017. Prior to the two-year cycles, Bedford re-assessed all property in 2013, 2008, 2004 (full revaluation) and 1987.
Going forward, the Bedford Assessors office is slated to update values again in 2023 depending on real estate market activity in the next two years.
Part II, Article 6 of the New Hampshire Constitution requires municipalities to assess properties at their “full and true” market value: “that there shall be a valuation of the estates within the state taken anew once every five years, at least, and as much oftener as the general court shall order.” Additionally, RSA 75:8-a reinforces the fiver year minimum valuation cycle: “The assessors and/or selectmen shall reappraise all real estate within the municipality so that the assessments are at full and true value at least as often as every fifth year…” A revaluation in this case is conducted as a statistical update.