Questions and Answers
What is market value?
It is an estimate of the market value of a property. It is based on what a willing and knowledgeable buyer will pay for real estate. When assessments are done they are based on 100% of Fair Market Value.
How do we as assessors determine what your fair market value is on your property?
The process starts when we enter the county and complete a sales ratio report. Our assessors take all of the recent arms length transactions in a particular county and compare the recent sale price to the previous assessment value. This gives us a base to determine what the fair market value is in the county. The next step in the reassessment process is to go to all of the properties in the county to verify we have the correct information and to look for any changes to the property; new decks, porches, additions, sheds, etc. We make note of any changes to the property and update the property record card. After all changes have been made in the counties property record system and all updated charts are set, we send out the new assessed value of your property.
What can you do if you think your property was assessed unfairly?
First thing to remember is this is not a bill, this notice is simply the new assessed value of your property. You have the right to appeal.
What exactly is an appeal?
An appeal is a way for you, the home owner, to contact the assessment company and contest your property assessment. Wampler-Eanes strives to make this as easy as possible.
You have a few options on how to appeal the assessment:
1) The quickest and easiest way is to fill out the online appeal form.
2) Mail your appeal to 120 Amsterdam Road, Daleville, VA 24083.
3) Schedule an appointment by calling 1-888-820-0449 or click the red contact us button.