FOR IMMEDIATE RELEASE
January 24, 2025
City of Charlottesville 2025 Reassessment Now Available
CHARLOTTESVILLE, VA – The City Assessor's Office has completed the 2025 reassessment. Of the 15,138 taxable properties, residential parcels increased by an average of 8.81%. Commercial properties (including apartments, retail, office, industrial, and vacant land) increased by an average of 6.14%.
When residential, commercial, and new construction are averaged together taxable properties in the City increased by 7.74% in 2025.
Additional details of this year's figures include:
- Residential properties
- Assessments for existing residential property increased in value by 8.81%.
- 94.84% of residential assessments increased in value, 3.63% decreased, and 1.53% did not change.
- Commercial properties
- Assessments for existing commercial property increased in value by 6.38%.
- 81.87% of commercial assessments increased in value, 5.36% decreased, and 12.77% did not change.
- Combined existing residential and commercial property increased in value by 7.36%.
- New construction value included for 2025 is 0.38%.
- When new construction and reclassifications are added to the value of the existing property, the total value of property in the City increased by 7.74%.
General FAQs about the City Assessor's Office and assessment process can be found on the City Assessor's webpage HERE (link). Please call the City Assessor's Office to schedule an in-person appointment at 434-970-3136, Monday-Friday, 8 AM to 5 PM.
Media Contact
Jeffrey Davis
City Assessor
City of Charlottesville
434-970-3136
davisjs@charlottesville.gov