District 11 Valuations: The Mid-Country Teardown Effect
Spec development is back on certain District 11 streets with massive effect. The impact dragged many D11 neighbors' revaluations higher than the town average
Spent some time trying to understand raw data released from the Greenwich Town Assessor’s 2025 property revaluation (required by Connecticut law every five years).
My analysis is based on valuations published by the assessor, including:
A big insight is the considerable impact teardown/rebuilds have had on select streets such as Dairy Road, which had several that completed and sold during the period. Streets like these seemed to have the biggest above average valuation increase.
The average property value assessment in District 11 increased 27.3% and the median 26.2%.
Top ten District 11 streets by valuation increase:
Bottom ten District 11 streets by valuation increase:
I made a map of the top 10 and bottom 10 District 11 streets based on their 2021 to 2025 change in valuation. I can’t really discern any pattern to the top streets. Most of the bottom 10 (red pins) seem to be closeby to North Street (except Paddock, Echo, and Stepping Stone).
You can appeal your 2025 assessment until February 20th by filing paperwork with the Greenwich Board of Assessment Appeals.