Source: WHSV —
Over the past week, many residents of Shenandoah County have been surprised when they’ve received the updated real estate assessments for their home’s value in the mail.
Estimated fair market home values have risen substantially.
Every six years, properties in Shenandoah County are assessed to get tax values up to fair market value.
On Sunday, WHSV spoke with Strasburg real estate broker, Abby Walters who broke down what the real estate assessment means for Shenandoah County residents.
“It was a shock to me. It was a shock to realtors on my team when we got our reassessments in the mail, but they are doing their best to try to do fair market value, so that we’re all taxed appropriately,” said Walters, the principal broker and owner of Preslee Real Estate in Strasburg.