Frequently Asked Questions
Below you will find information that might help you understand how to find things or learn about information you might need to know about your city or town.
City Assessor
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The tax rate is set and approved annually by City Council. It is currently $1.20 per $100 of real estate value.City Assessor
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The assessor obtains new transfer and new ownership information weekly from the Clerk of Circuit Court. This means the data is usually only one week behind.City Assessor
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Most properties are valued using the sales comparison approach. This method compares your property to others that have sold recently. These sales must be verified by the assessor to determine that they are valid arms length transactions, which is what a willing buyer is going to give a willing seller for the property.City Assessor
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The Assessor did not create the value of your home. People make value by their transactions in the market place. The assessor simply has the legal responsibility to study those transactions and appraise your property accordingly.City Assessor
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City Assessor
The City Code of Colonial Heights has determined that the general reassessment will occur biennially (every two years on even years). The latest assessment was effective January 1, 2022.
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Values do increase between general reassessments when the homeowner builds additions, decks, garages, etc. When the Assessor gets the Closed Building Permit, he visits the property and assesses a new value and a new notice of such value is sent to the owner the month after the permit is closed.City Assessor