County-Administration

2023 Reassessment Update: January 6, 2023, Board of Equalization Appeal Process Begins

The deadline to request an appeal before the BOE is Feb. 10


Beginning Jan. 9, 2023, property owners can schedule an appeal hearing with the Board of Equalization (BOE) by calling 540-394-3126 between 9 a.m. and 5 p.m., Monday - Friday. 

The deadline to request an appeal before the BOE is Feb. 10. The appeal hearings will be held in February and March 2023. To view the available hearing dates, download a PDF file of the full notice and list of hearing dates.

The Board of Equalization will begin hearing appeals on Wednesday, Feb. 22, 2023 at the Reassessment Office, 16 N. Franklin Street (Back Entrance), Christiansburg, Va., on the following days:

  • Wednesday, February 22, 2023 9:00 a.m.
  • Thursday, February 23, 2023 9:00 a.m.
  • Friday, February 24, 2023 9:00 a.m.
  • Tuesday, February 28, 2023 9:00 a.m.
  • Wednesday, March 1, 2023 1:00 p.m.
  • Thursday, March 2, 2023 9:00 a.m.
  • Saturday, March 4, 2023 10:00 a.m.
  • Wednesday, March 8, 2023 9:00 a.m.
  • Friday, March 10, 2023 9:00 a.m.
  • Tuesday, March 14, 2023 9:00 a.m. (as needed)
  • Thursday, March 16, 2023 9:00 a.m. (as needed)
  • Friday, March 24, 2023 9:00 a.m. (as needed)
  • Monday, March 27, 2023 9:00 a.m. (as needed)
  • Wednesday, March 29, 2023 9:00 a.m. (as needed)
The Board of Equalization offices will be closed on days that the Montgomery County Public Schools are closed for inclement weather. "As Needed" dates may be cancelled at the direction of the Board if all business/hearings are concluded prior to Mar. 29, 2023.

2023 Reassessment Overview 
The 2023 Montgomery County Reassessment notices were mailed in Nov. 2022. Please note the reassessment notices mailed in Nov. 2022 are not bills. 

The amount of real estate taxes owed are the result of the assessed real estate value and the real estate tax rate. 

The information shown on the notices from the County Reassessment Office related to 2023 Tax Levy has NOT been discussed or approved by the Montgomery County Board of Supervisors or the Blacksburg or Christiansburg Town Councils; this information is required to be shown by State Code as an estimate based on current real estate tax rates. No discussion or decision has been made at this time regarding the 2023 real estate tax rate.

Assessment Overview 
The reassessment notifications received in 2022 are the result of a County-wide reassessment process that takes place every four years. State law requires counties of our size to have a general real estate reassessment at least every four years.

Please note the assessment of real estate is only one piece of the tax bill equation. 

The 2022 assessment reflects the market value of homes based on recent comparable sales. On average, properties in Montgomery County increased approximately 30 percent from the last reassessment in 2018.

Homeowners should consider whether the value shown on their property assessment notice is what they would sell their home for if currently listed on the real estate market. Property owners who believe their property assessment is higher than the market value may appeal their assessment.

Real Estate Tax Rate
The next piece of the tax bill equation is the real estate tax rate, which will be discussed with the Montgomery County Board of Supervisors, beginning in March 2023.

The Board of Supervisors will be evaluating the real estate tax rate during the upcoming Fiscal Year 2024 (FY24) budget process. There will be several opportunities to address the Board of Supervisors during the budget process, beginning with a FY24 budget public hearing in January 2023, and another budget public hearing in April 2023. 

Citizens can also address the Board of Supervisors as part of any regular Board meeting, under public address. The Board of Supervisors will likely set the real estate tax rate for FY24 at a meeting in April 2023.

The real estate tax bills are typically mailed in May, with a June 5 payment deadline. 

Reassessment Appeals
Property owners who believed their property assessment was higher than the market value can file an appeal