Providence property values soar after revaluation while other municipalities seek a delay

Nancy Lavin

05/09/2022

PROVIDENCE property values increased under the city's recently conducted revaluation, while other municipalities have asked to delay their own revaluations. Pictured is Providence City Hall./ PBN FILE PHOTO/CHRIS BERGENHEIM

PROVIDENCE – It’s no secret that a blistering housing market has driven property values through the roof. But some Providence residents were surprised by what that meant for their own homes. Property values citywide soared, in some cases nearly doubling, under the statistical revaluation, which was completed in 2021, according to data shared by the…

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