Lakeville assessors adopt plan to raise assessment level toward 95% after 10‑year market study The Town of Lakeville Board of Assessors reviewed a 10‑year assessment‑to‑sale (ASR) study and voted unanimously to instruct the interim assessor to target a 95% assessment level, citing an overall assessment level of about 88% based on 2024 sales and recommendations to correct undervaluation in waterfront and cottage neighborhoods.

Lakeville assessors are taking action to boost property assessments to a target of 95% after revealing a significant undervaluation based on a decade-long market analysis.

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