City Real Estate Assessment Rates Up

By: Venton Blandin Email
By: Venton Blandin Email

January 31, 2007

The City of Charlottesville has released its assessments on real estate for 2007.

Taxable real property values in Charlottesville increased by 14.3%. New construction, or improvements to property accounted for 1% of that increase. Officials said inflation, or appreciation on property accounted for the remainder of the increase.

The city said the rates prove the city is a desirable place to live and work.

Assessment notices are being mailed out to all property owners in Charlottesville this week.

The Charlottesville Newsplex 999 2nd Street S.E. Charlottesville, VA 22902 434.242.1919 – Main 434.220.7522 - Newsroom
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 5432536 -
Gray Television, Inc.