CHRISTIANSBURG, Va. (WFXR)– On Dec. 12th the Montgomery County Board of Supervisors held a workshop discussing the reassessment of residents’ 2023 property values.

According to Montgomery County, reassessment notices were mailed out back in November, which will go into effect on Jan. 1st.

Photo Credit: Montgomery County Board of Supervisors

The reassessments reflect the market value of homes based on previous housing sales.

This process is also done for tax purposes.

During the meeting, Supervisors discussed how the reassessments work, how to appeal them, and give community members more insight into the next steps before they set the 2023 Real Estate Tax Rate for Montgomery County.

Supervisors stress the tax rate has not been discussed or decided yet, they have to go through a long process to figure out what it will be.

All board members shared their understanding of the stress that residents are feeling, letting them know they are not alone.

“This is just not unique for Montgomery county, anyone that has a reassessment this year will see that with inflation and the housing value marketing has gone up. For Montgomery county this is every four years, so that is one thing that our board may decide that we do it every other year so it is not such a drastic change,” said Sherri Blevins, Chair Supervisor.

Although, many residents still took to the mic to express their frustration.

“According to this, you have now said that this house that is valued at 206,806 dollars is now worth 230-thousand dollars. That’s quite a lot,” said a resident.

If you are a homeowner looking to appeal your reassessment, the Montgomery County government page has several ways to do so:

  1. To appeal your assessment, tear/cut off the return hearing form at the bottom of your notice with your reason for the appeal and mail it to Montgomery County Reassessment Office, P.O. Box 6064, Christiansburg, VA 24068. You may attach a letter, pictures, appraisals, or any documentation to your appeal. You can also scan and email your return hearing form to reassessment@montgomerycountyva.gov or you can visit https://forms.montva.com/Forms/ReassessmentAppeal to automatically send your appeal electronically.
  2. Residents are encouraged to file an appeal through email or online to ensure it is received prior to the deadline. All appeals must be received/postmarked no later than Friday, Dec. 16, 2022.

According to the county, you will be notified by mid-January 2023 through the mail of the outcome of any appeals.

If you do not get your appeal resolved, the county is establishing a Board of Equalization (BOE) to review any appeals that are not resolved by appealing to the Reassessment Office.

Submissions will open Jan. 9th, and the deadline will be on Feb. 10th.