Manchester's Grand List: By The Numbers

Manchester CT

31 January, 2022

7:33 PM

Description

MANCHESTER, CT — The October 1, 2021 Grand List for the Town of Manchester was signed on Jan. 27. The list represents the total of all net taxable assessments of motor vehicles, personal property and real estate in Manchester. Motor vehicles and personal property are valued annually, while real estate is valued as of Manchester's recently completed October 1, 2021 town-wide revaluation. Manchester's total net Grand List of Oct. 1, 2021 is $4,871,667,760. That is up from the 2020 total by 17.99 percent, or $742,635,400. Here is the breakdown: Real Estate 2021: $4,015,195,880Percentage of Grand List: 82.422020: $3,390,409,830Percentage Change: 18.43Dollar Change: $624,786,050Motor Vehicle 2021: $462,643,140Percentage of Grand List: 9.50 2020: $371,006,000Percentage Change: 24.70Dollar Change: $91,637,140 Personal Property 2021: $393,828,710Percentage of Grand List: 8.082020: $367,616,500Percentage Change: 7.13Dollar Change: $26,212,210According to the accompanying statements: "Last year's 2020 Grand List was the last year in which Manchester's Oct. 1, 2016 revaluation was used to value real estate. The real estate market changed significantly between Oct. 1, 2016 and Oct. 1, 2021. The residential real estate market showed significant appreciation during that time, industrial properties and apartments also showed notable appreciation. Other commercial properties, particularly retail, showed decreases in values."