All things being equal, unless you have made major renovations and additions to your home, the value has gone down since May 08.
Appraisers are much more conservative when preparing appraisals for sales and are using comparables no older than 6 months, preferably 3 months if possible.
Here is the link to get to the field card for your home which will tell you what the town of Woodbridge is using as an appraised value for tax purposes. http://data.visionappraisal.com/WoodbridgeCT/search.asp
Please feel free to contact me for more information.
All the best,
Margaret Shea, e-PRO, CDPE

Hi Woodbridge, Unfortunately, it is likely your house has gone down in value in a big way. Maybe as much as 30%.

Facts such as condition and curb appeal are major factors that can effect the overall value. Also, many of the homes on the market today are not up to snuff with competition in surrounding areas. When buyers looked in specific towns Woodbridge had special things to offer. Now with new buyers willing to commute a little and shop a lot, Woodbridge has to get more competitive with surrounding towns.

Without knowing your specific house, I can say that in Woodbridge, most homes would do better with targeted improvements and upgrades to match what is selling in the market.

Please feel free to ask more specific questions.