Thoughts from Jenny

Augusta County Re-Assessment

February 23rd, 2012 10:33 AM by Jennifer McGuire

    A recent article came out in the local newspaper stating the property owners in Augusta County may be in for a re-assessment.

    The County is proposing using the new tax base to help make up the deficiency in the school budgets.

    Will this mean a higher assessment?  Will this mean a lower assessment, but a higher tax rate?

    Currently, the assessments are close to what we are seeing the properties sell for.  However, some buyers are able to purchase a little less than current assessment.

    How will this effect the buyers, when it comes time to a realistic purchase price?

    Has me wondering..................

Posted in:General
Posted by Jennifer McGuire on February 23rd, 2012 10:33 AM

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