Over the past few weeks city and county assessors across the state have mailed out those little slips that say your home is worth more -- notices that mean you'd make money selling your home but that will almost certainly translate into higher real estate tax bills.
In the cities and counties around Richmond, assessments are up again, though not by as much as last year or the year before, a Richmond Times-Dispatch analysis of local assessment data shows.
That's because sales prices for metropolitan Richmond-area homes last year rose -- by an average of 5.8 percent -- to $281,139, according to the Virginia Association of Realtors.
(Source: inRich.com) Full Story!
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