Property Assessments once a year?

WINA link
Albemarle Supervisors renew talk of annual assessmentsThe Albemarle supervisors are still tossing around the idea of assessing property values once-each-year instead of every two years.

Chairman Dennis Rooker notes a yearly reassessment would bring Albemarle in line with most other jurisdictions. Rooker says the county staff favors a switch to annual assessments, believing it would smooth out big jumps that property owners experience.

I disagree with this, if only on the principle. The bi-annual “jumps” if nothing else serve as a reminder that we are paying a lot of money in taxes. Taxes should be painful, so long as we pay them.

About Jim Duncan

A Charlottesville Realtor who tries to stay on the bleeding/cutting/functional edge of technology and real estate trends. I have been selling real estate for the past 10 years, lived in C'Ville for twenty+ and am married to one of few Charlottesville natives left.
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