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Chatfield Farms News: Residents to Save Big on Property Taxes

While the rest of the country seems to be suffering economic woes, our Chatfield Farms community has just received a financial windfall! The Town of Beacon Falls recently announced several developments that have significantly altered the local tax landscape. 

 

As a result of a growing grand list (the assessed taxable values of real estate, personal property and motor vehicles), and disciplined spending in the 2022-23 municipal budget, Beacon Falls was able to approve a reduced mill rate. (One mill equals $1 of tax for every $1,000 of assessed property value.) 

 

What this means for Chatfield Farms residents and future homeowners is that they will enjoy a 19% reduction in mill rate and realize an average savings of $2,767.80 per year! 

 

Speaking of future homeowners… Chatfield Farms is down to its final opportunities! And for a limited time, we are offering a 1 percent incentive towards home financing. It can be used any way you choose, from a price reduction to upgrades to a rate buy-down. Don’t miss this unprecedented opportunity to own an EG Home! Connect with us to learn more.