Town Assessor Paul Friia has signed the October 1, 2025 Grand List.
The Grand List is the sum of the net assessed value of all taxable property – real estate, motor vehicles, and personal property. Motor vehicles and personal property are valued annually, while real estate is updated based on the market values determined as of the town’s October 1, 2025 revaluation.
The 2025 Grand List of $17,497,161,570 represents an increase of just over 50% from the 2024 Grand List of $11,616,471,195. The increase was due mainly to the 2025 revaluation of all real estate in Westport. Modest increases were also noted in personal property and motor vehicles.
Included in the overall increase is a 1.2% increase in real estate assessment due to continued residential and commercial new construction, as well as renovation activity that occurred within the last assessment year.
Within the real estate grand list, residential properties increased 60% and commercial properties increased 16%. These market-driven increases began in mid-2020 during COVID-19.
Personal property increased by just over 1%, representing continued reinvestment in new and existing local businesses.
Motor vehicles increased approximately 6%.
The current 2025 Grand List totals:
| Assessment | 2025 | % of List |
| Real Estate | 16,633,912,370 | 95.06 |
| Motor Vehicle | 453,397,460 | 2.60 |
| Personal Property | 409,851,740 | 2.34 |
| TOTAL | 17,497,161,570 | 100% |
60 Nyala Farms Road — the LLC controlled by Bridgewater Associates — remains the second highest taxpayer in Westport.
The Grand List will be used for fiscal year 2026-2027 town budget calculations. (The figures above are subject to change based on Board of Assessment Appeals hearings in March.)
The Top 10 taxpayers in Westport:
Connecticut Light & Power Inc Pers. Property 143,778,100
60 Nyala Farms Road LLC Real Estate 95,954,500
Bedford Square Assoc LLC Real Estate 51,583,400
Aquarion Real/Pers. Prop. 43,204,450
Equity One Westport Vill. Center Real Estate 36,294,500
Compo Regency LLC Real Estate 28,372,700
Heyman Ronnie F Trustee Real Estate 26,880,700
Byelas LLC Real Estate 26,504,400
Westport Riverside Assoc. LLC Real Estate 25,763,900
Bridgewater Associates LP Pers. Property 25,503,850
Indeed insightful and thought provoking, as we all wait for the mill rate adjustment. Thank you 06880!
Almost everyone who owns realestate in Westport should be freaking out over this!
Understand what this means!
Since calendar year 2021 to 2025 the realestate is their homes and property has increased in value by 15% per year!!!
Some may have but most has not. Check realestate sales and in a couple of years a few did but the last two years of the Civic disaster most were flat or decreased by about 3-5% so in the two years 24&25 they would have had to increased 17 to 22%!!
THIS DID NOT HAPPEN!!!!
Wake up WESPORT! This is a sneaky plan from the State and the towns to find an appraisal firm that let’s the greedy state and town governments to let the reappraisal of values to take a over priced jump that allows Connecticut coffers to swell and they get crazy with pork and rediculous spending!
Many of you will pay little to no attention to this scam until FEB 25th when it’s to late to fix this.
When you get new tax bills for that year 2027 and you see your property tax bills have gone up by between 60-61% and you do a little math then you better be sitting down first so you don’t hit the floor!
Some will think people who sell in late2026 or 2027 will receive 60% more for their property, good luck! When potential buyers realize what property taxes ate on their planned purchase the shakeout will appear as Westport becomes New Jersey like!
We all should appeal this crazy increase now and change it to Fair taxes or sell your property now and find a more fair tax area like Greenwich! HA!
Big COVID driven spike in ‘21, ‘22, ‘23. Not much since then. Just look at Zillow (though their values are often nonsense). similar increase in grand list in Fairfield.
Not to worry though, mill rate will go down so no 60% increase in property taxes but 10%, I suppose, is possible. State doesn’t get it though. Mostly the BOE does.
Ray, turn off FOX News and get real.
Hi Mr Broady- You make it sound like the ski is falling!!
Between 60-60% increase is not a realistic figure.
Your tax is based on the mill rate which will go way done because the grand list has gone way up.
I would hope our taxes will be more like in the past, we would expect a 2 or 3% raise for some tax payers and similar decrease for others- just like last year and the year before. It depends on the town and school budgets.
Your auto tax will go down with the lower mill rate!!
The math isn’t so hard even if all the details haven’t been worked out. The new grand list is higher by 50.6% so we can expect the new mill rate (all else equal) to be 12.52 (18.86/1.506).
If Home A is revalued 60% higher, its real estate taxes should go up 6.2% (1.60 * 12.52 / 18.86). If Home B’s value is up 65%, then its tax will increase by 9.6% (1.65 * 12.52 / 18.86).
However, if the town’s budget increases at the same time, then the mill rate will be higher by about that percentage. Assuming a 5% budget increase, then the tax bill on the two homes cited above would go up 12% and 15% respectively.
This obviously shifts the burden from commercial properties to residential real estate given that commercial valuations have not increased as much as residential.