Q:

The price seems low and raises concerns about the veracity of the recent City-wide reappraisal?

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It is hard to appraise this property as it is unique and located within a floodplain. There were mistakes made on previous assessments of this property and the Assessors Office corrected this mistake over a year and a half ago. Other property recently appraised in the Intervale is comparable to the most recent independent professional appraisal.
cedoburlington.org
/Intervale/intervale_8-21-06_notes....
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