Fiscal Year 2019 Real Estate Assessment Process

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Fiscal Year (FY) 2019 Real Estate Assessment Process

The FY 2019 Real Estate Assessment Process began October 1, 2017 and ended June 30, 2018. FY 2019 starts July 1, 2018 and ends June 30, 2019.

  • October 2017 - May 2018:  The reassessment began with the mass appraisal process supported by a CAMA (computer assisted mass appraisal) Tax Assessment System. During this time, the Assessor collected and analyzed market data by neighborhood beginning January 1, 2017 and ending May 31, 2018. Market data included but was not limited to property listings, market sales, rental information, income and expense statements, private appraisals, and cost estimates from contractors. Based on valuation methodology (cost approach, income approach, and sales comparison approach), the Assessor reconciled a fair and equitable market value for each real property by neighborhood.
  • June 2018:  During this month, the Assessor performed a City-wide property valuation review. Upon completion, the Assessor then notified each real property owner of their assessed value by mailing a Notice of Real Estate Assessment on June 29, 2018. If you did not receive a Notice of Real Estate Assessment, please contact our office at 757-220-6185.

 Fiscal Year (FY) 2019 Assessment Review Request to the City Assessor

  • July 2018:  Real property owners have the right to request a review of their assessment to the Assessor during the month by filing an Application for Assessment Review. Deadline to file is 4:30 pm, Tuesday, July 31, 2018.

 Fiscal Year (FY) 2019 Assessment Appeal to the Board of Equalization

  • August 2018:  To appeal the City Assessor's final decision, a completed Application for Assessment Appeal to Board of Equalization must be submitted to the Real Estate Assessment Office no later than September 1, 2018 per City Code 18-78. This application is available on the Board of Equalization website or by contacting our office at 757-220-6185.