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$600,000 deal marks largest multifamily home sale in Oak Hill - Providence Business News

$600,000 deal marks largest multifamily home sale in Oak Hill - Providence Business News
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Tiverton real estate market remains hot, home values increasing

The last revaluation was a statistical revaluation that was conducted three years ago. The new revaluation is based on market values as of Dec. 31, 2020. The most recent revaluation was supposed to be a full revaluation with inside inspections of properties, but the COVID-19 pandemic changed how the company could complete the project of assessing all 8,429 parcels in town. Inside visits were halted in March 2020 when the pandemic forced lockdowns. Data verification letters were instead sent to property owners who were asked to verify the information the town has on file for the property, such as the number of bedrooms, and other features. Data collectors did, however, measure the outside of all buildings to compare the measurements to those on file with the town.

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