News

Real Estate Assessments to Be Released on Friday

Arlington County will release its 2011 real estate assessments this Friday at 5:00 p.m. Property owners will be able to search for their new assessments on the county’s tax assessment web page (appropriately, the word “DREAD” is prominently featured in the web address).

Assessments are expected to rise this year as the real estate market improves. The Sun Gazette reports that the average home sale price rose 4.6 percent in 2010.

Property owners who want to challenge their assessments should be able to do so via an online form any time before March 1, although the form does not appear to be online at the moment. More information on real estate assessment appeals is available here.