Questions about recent assessments

When you hear, “It’s complicated,” in answer to your questions on the recent property reassessment, ask who walked the property, and check the DPOR website to see if they have a residential real estate appraiser’s license.

When I asked those questions, I got two different names; neither were licensed appraisers. The guy I met to appeal the assessment was not licensed either. That explained what I see as a convoluted mishmash of under and over-valued properties without basis, in fact. It has resulted in inequitable taxation and a database of inaccurate assessments used by mortgage and insurance companies.

Do not take my word for it. Anyone can access the database by Googling the Virginia Mass Appraisal website, finding the assessed value of just the building, and calculating the dollars per square foot of living space. Comparing that same number to the average $/sf for properties actually sold in the County, to neighbors with similar properties, and to our elected official’s homes was a real wake-up call. Assessors do not enter homes, so finished basements ought to increase, not decrease, the price per square foot that you’ve just found by this comparison method.

No need to trust my judgment. You can assign this as homework to your age-appropriate children. Or, you can pay your assigned property tax for another four years without question.

C.A. Wulf
Warren County