2026 Real Estate Reassessments: Community Information Session 2

This was a public community information session held by Henry County, Virginia on January 21, 2026, focused on the county's real estate reassessment process. The session provided detailed explanations of the reassessment methodology, including the use of market data, appraisal models for residential, commercial, and income-based properties, and the impact of solar farms on assessments. County officials emphasized that reassessments are mandated by state law to ensure fair market value and equitable tax distribution, occurring every four years, with the last extension causing a five-year gap. The session addressed public concerns about significant increases in assessed property values, especially due to market shifts and property flipping, and clarified that tax rates are set separately by the Board of Supervisors after reassessments. Officials encouraged residents to participate in the appeals process, which is free and does not require a private appraisal, and highlighted upcoming opportunities for public input on tax rates and budget decisions. The meeting also included discussions on the challenges faced by seniors and long-term residents regarding tax burdens and the need for community involvement in local government decisions.