The town next door is living Colchester's 2026 revaluation one year early — measured from the state's new grand list data
East Hampton — one town over — last revalued in 2020, right at the start of the housing run-up, so its October 1, 2025 revaluation swallowed the entire boom in one bite: home assessments rose about 51% town-wide. Colchester faces the same reset on October 1, 2026. East Hampton is the closest measured preview of how that lands on a town whose tax base — like Colchester’s — is mostly homes.
The short version: the same arithmetic that raised nearly every Norwich bill 27% produces something far milder here, because East Hampton has little commercial base to shift taxes away from — homes already carry 77% of the list. For how that mechanism works lever by lever, see How a Revaluation Moves Your Bill, or compare Norwich’s measured outcome and the Colchester 2026 what-if.
1. Assessments were frozen at 2020 values for five years. Between revaluations, Connecticut assessments don’t move with the market. East Hampton’s were set in October 2020 — before most of the boom — while sale prices kept climbing until homes were selling for more than double their assessed values (the 2023–24 median sales ratio was 0.44 against a legal target of 0.70).
2. The 2025 revaluation reset everything to market at once. Home assessments rose ~51% town-wide. That does not raise the town’s total tax collections — the mill rate falls in step. At the adopted 28.22 (down from 39.71), the town collects about 1.5% more — close to the same dollars, but not identical.
3. What changes is each property’s share. A home’s bill rises only if its assessment rose more than the break-even (+40.7%). Because homes as a class rose ~51% while the small commercial base rose ~21% and cars and equipment barely moved, homes’ slice of the pie grew from 77.4% to 83.5% — so the typical home pays somewhat more, homes that rose the most (mostly lower-priced homes and condos) pay noticeably more, and homes that rose least (mostly the most expensive fifth) land near flat or lower.
Share of East Hampton’s net taxable grand list by class, GL Oct 1, 2024 vs. GL Oct 1, 2025 (CT OPM). Class shares use gross class values over the net grand list and are approximate.
| Grand list class | GL Oct 1, 2024 | GL Oct 1, 2025 | Change |
|---|---|---|---|
| Residential (homes) | $968,376,149 | $1,463,539,920 | +51.1% |
| Apartments (5+ units) | $7,632,640 | $16,859,400 | +120.9% |
| Commercial | $27,974,479 | $72,980,430 | +160.9% |
| Industrial | $46,369,915 | $17,097,910 | −63.1% |
| Vacant land | $26,616,490 | $6,099,680 | −77.1% |
| Motor vehicles (net) | $126,546,950 | $132,938,060 | +5.1% |
| Personal property (net) | $52,738,790 | $50,602,310 | −4.1% |
| Net taxable grand list | $1,250,395,106 | $1,753,259,070 | +40.2% |
Gross assessed values by class except where marked net. Commercial and industrial moved between those two lines in the town’s records (2020 and 2025 reclassifications) — combined they rose +21.2%. The vacant-land drop largely reflects reclassification at the revaluation, not value loss. Source: CT OPM, Net Grand List by Town (webp-fgt3), 2025 rows.
Estimated change in the annual bill across 5,156 East Hampton homes at the adopted 28.22 mills, in 2.5-point bins. Red: bill rises; blue: falls. Estimate: the town-wide +51.1% and both mill rates are measured; each home’s individual move is estimated by carrying the home-to-home spread measured in Norwich, matched by value rank. Actual parcel results arrive when the state publishes its GL 2025 extract (~fall 2026).
Estimated median bill change by value fifth (GL 2024 assessed value), at 28.22 mills. Two independent estimates: East Hampton’s own measured tilt (from 592 arm’s-length sales, 2021–24 — how far each segment’s prices ran ahead of its frozen assessments) and the Norwich parcel tilt carried over by value rank.
Old and new assessments are on your revaluation notice or the town’s property record cards (Assessment History on the field card); the town also runs its own FY 2027 estimator. Real-estate levy only, before exemptions.
28.22 = the rate adopted at the August 26 referendum. Edit it to test another.
Defaults: the median home at the town-wide +51.1% change. FY 2026 bill uses 39.71 mills.
Norwich is measured; East Hampton is measured at the class level with the per-home spread estimated; Colchester 2026 is a scenario.
| Norwich (GL 2023, measured) | East Hampton (GL 2025) | Colchester (GL 2026, scenario) | |
|---|---|---|---|
| Homes’ share of base, before | 51.1% | 77.4% | 70.9% |
| Home assessments at the reval | +62.0% | +51.1% | +45% / +62% scenarios |
| Homes’ share after | 61.5% (+10.3) | 83.5% (+6.1) | ~77–79% (+6 to +8) |
| Mill rate | 42.22 → 33.25 (levy +6.1%) | 39.71 → 28.22 adopted (levy +1.5%) | 29.92 → ~20.7–24.3 |
| Median home bill | +27.1% (+$1,064) | ≈ +8.3% (+$548) est. | +8% to +19% by scenario |
| Homes paying more | 98.9% | ≈ 86% est. | 86–98% by scenario |
| Car taxes | unchanged (at cap both years) | rate −14% | −24% to −36% scenarios |
EastHamptonReval/ and RevalSegmentAnalysis/ in the project repository.