BERLIN — The City of Berlin is in the process of completing a full statistical revaluation of all properties within the municipality. The city has contracted with Northland Property Valuations of New Hampshire to complete this process on behalf of the city.

During a revaluation year, it is required that assessments be brought to approximately 100 percent of market value. The last full revaluation conducted in Berlin was in 2022 and that process brought the assessments to 100 percent of market value. Currently the assessments in Berlin are reflective of only 78 percent of market value. The real estate market in Berlin, and throughout Coos County and the rest of New Hampshire, has seen drastic increases over the last four years and the assessments are now almost 22 percent below market value, thus the need for another statistical revaluation.

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