I Added an Extension to My Islip Home. Will the Full Assessment Increase Hit Me Right Away?
Islip Has a Home Improvement Exemption
The Town of Islip lists a Home Improvement Exemption. It can apply to qualifying properties where an addition was made within the previous five years and does not exceed the original structure's total square footage. The benefit is a phase-in of new assessed value.
Conclusion
Homeowners planning an addition should understand both the assessment impact and whether the Home Improvement Exemption may apply.