Real estate assessments in Frederick County, VA are taxed at 100% of fair market value.
Reassessments are conducted every two years.
Values for the reassessment take effect on January 1 of the year immediately following the completion of assessor field work and a County-wide sales study.
New construction and other changes to the real property are valued as completed.
Taxpayers are always notified of any value change to their property.
Real Property Improvements
New construction and improvements are taxed when substantially complete during the two-year cycle.
Comparable values are derived by the Commissioner's staff according to the last general sales study.
New subdivisions to land are taxed January 1 of the following year of the subdivision.
Assessors hold hearings for taxpayer questions and appeals after the reassessment change notices are mailed. Dates and times of hearings will be on the reassessment change notice, posted in the local newspaper and posted on our reassessment information webpage. www.fcva.us/reassessment
Taxpayers must show that the assessment is incorrect and the reasons thereof.
If dissatisfied at the conclusion of any assessor hearing, the taxpayer can appeal after January 1 to the Board of Equalization (BOE).
The BOE is the final step before a court proceeding.
BOE and assessor hearings are public information and are advertised in the local newspaper.