How is your assessment determined?
To arrive at "full and fair cash value" for your property, the assessors must know what "willing sellers" and "willing buyers" are doing in the marketplace. The Assessors also must collect, record and analyze a great deal of information about property and market characteristics in order to estimate the fair market value, including keeping current on cost of construction in the area and any changes in zoning, financing and economic conditions which may affect property values. The Assessor uses 3 standardized appraisal approaches to value: market, cost and income. This data is then correlated into a final value.


The object of the valuation program is to estimate: reasonable cash value" as of January 1 (known as the "assessment date") prior to the fiscal year. For example, the assessment date for Fiscal Year 2006 is January 1, 2005.

Show All Answers

1. What does the Assessor do?
2. What doesn't the assessor do?
3. What is proposition 2 ½?
4. How is your assessment determined?
5. How can my taxes increase?
6. What if I disagree with the assessment of my property?
7. What types of exemptions (reduction from real estate taxes) does the Town of Hingham offer?
8. What is the Community Preservation Act?