Reassessment Basics
Why did my property value increase?
Property values can rise because of market trends, recent verified sales, renovations, additions, acreage changes, rezonings, and corrected property data. A reassessment updates assessed values to reflect current market conditions.
Does a higher assessment automatically mean higher taxes?
Not necessarily. The assessment is one part of the tax calculation. The final tax bill also depends on the tax rate adopted by the local governing body after it reviews the tax base, budget needs, and public concerns.
How often are reassessments conducted?
Virginia localities may reassess on different cycles depending on local rules and population. Page County typically conducts a general reassessment every few years.
