Real Estate
Milford Assessments: Princeton Drive
Milford assessments were recently recalculated, with all values updated for the first time in three years. On Princeton Drive, values fell about $10,000 in the past year, and are down about $70,000 since the market peak.
Editor's Note: Milford assessors recently announced new values for all town properties, with The total value of town properties, and the decline, has not been released by assessors, pending a review of the data by homeowners.
To get a sense of the changing values, Milford Patch will look at a few locations in the weeks to come. The following information is based on residential property values on Princeton Drive, according to updated values on the town's website.
Number of properties: 34
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Age of properties: 1964 to 1972
New range of values: $200,600 to $272,900
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Previous range (2012 tax year): $210,300 to $271,600
Range of values at peak, in 2007: $284,700 to $342,200
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