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Selling a Home in Connecticut? Make Sure Your Agent Understands This New Property Tax Rule

Side-by-side comparison showing property taxes before and after exemption: $8,500 reduced to $6,200, with 'Before & After Tax Savings' heading.

If you're planning to sell your home in Connecticut, there’s a new update from the Office of Policy and Management (OPM) that could affect your transaction—and not every agent knows about it.


📣 What’s Changed?

Many Connecticut towns are going through property revaluations and using a phase-in approach to gradually introduce new assessed values. This helps ease the financial impact on homeowners, but it also complicates things when it comes to disclosing property taxes to potential buyers.


Here’s the issue: The tax bill for your property may currently reflect a partial phase-in—meaning it’s lower than it will be in the coming years. Buyers often rely on the current tax bill to calculate their monthly costs. If this isn’t explained clearly, it could lead to confusion, renegotiations, or even lost deals.


🧠 Not All Agents Know This

Real estate agents are required to disclose accurate information about a property's taxes, but many agents aren’t aware of how phase-ins work—or how to communicate them correctly in the listing, disclosures, and negotiations.


At Triniyah Real Estate, we stay up to date on guidance from the State of Connecticut to ensure our clients are protected. We proactively explain phase-in tax adjustments to buyers and their agents, so there are no surprises down the road.


🤝 We Educate Sellers—Even if They Don't Work With Us

Whether or not you decide to hire us to sell your home, we believe homeowners deserve to be informed. If you choose to work with a different agent, make sure they are aware of this phase-in policy and how it applies to your property.

You can even forward this article to them if needed.


✅ What Your Agent Should Be Doing:

  • Confirming whether your property is in a town using phase-in assessments

  • Explaining how future tax increases may affect the buyer

  • Including accurate and transparent tax information in the MLS and disclosures

  • Preventing potential misunderstandings that could delay or derail your sale


📞 Have Questions?

If you’re unsure whether your home is affected by a phase-in, or you want to understand what your property is really worth in this market, we’re here to help. Our goal is to empower Connecticut homeowners with accurate, up-to-date information so they can make smart decisions—whether or not they choose to list with us.

 
 
 

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Hamden, CT 06514

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