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Real estate reassessment resumes in July

In anticipation of the 2012 land book and resumption of reassessment, Assessor’s Office will publish new assessed values on July 1, 2011. You will be mailed a reassessment notice at that time.

If you believe that the reassessed value is incorrect, you will have the opportunity to file an appeal to Assessor’s Office during the month of July. Call or email The Assessor’s Office if you have any additional questions at 900 E. Broad Street, Room 802 Richmond, VA 23219, Ph: 804.646.5600 Fx: 804.646.7655, or Email: james.hester@richmondgov.com.

The real estate reassessment process was suspended/frozen by Richmond City Council (Ordinance 2010-92-105) until the year 2012 due to the change to the bi-annual billing of real estate taxes. As such, all assessments on the 2010 land book were carried forward to the 2011 land book except properties having a specified reason for change (capital improvement, demolition, etc.). Assessment changes for these properties were recalculated for 2011, but at the January 1, 2010 market level.

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