County Assessments Up Sharply…Again

Just like two years ago, assessments of Albemarle County real estate value are going up again sharply, likely around the level of the 18.7% increase in ’03, WINA reports. The biannual assessments are based on the actual value of homes, and do not reflect any action or decision on the part of the county; they are a product of the free market. Still, reassessments piss people off, and as the notices begin to go out, there’s no reason to expect otherwise this time around.

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