Death and taxes … again. Well, one of those only happens once, but you get the drift.
Montgomery County just announced that they would begin reassessment of real estate parcels on July 31, 2017. From their release:
Field workers will start knocking on doors on Monday, July 31, 2017, to visit every taxable and nontaxable property in the County over the next year to verify property information, such as square feet, and number of bedrooms and baths. Field workers will have County identification badges and cars marked “County Reassessment.”
You can read the full release here.
Reassessments are done every four years, and the values are used to determine what a property owner might owe on a particular property – you can read more about how taxes are calculated throughout the New River Valley here, one of the most read posts ever on NRVLiving.com.
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