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Frequently Asked Questions

Below you will find information that might help you understand how to find things or learn about information you might need to know about your city or town.

General Reassessment

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  • To ensure fair and equitable taxation. Over time, property values change, and reassessment helps align assessed values with current market conditions so that everyone pays their fair share as outlined in § 58.1-3201 in the Code of Virginia.

    General Reassessment
  • Mass appraisal is a method of valuing many properties at once using statistical models and market data. It ensures consistency and efficiency across the county.

    General Reassessment
  • Your purchase price may be considered, but the assessment is based on overall market data, not just individual sales. The goal is uniformity, not matching sale prices.

    General Reassessment
  • A base rate is the starting dollar amount per square foot or acre used in valuation models. It’s adjusted based on property features, location, and market trends.

    General Reassessment
  • It refers to external factors that reduce a property's value—like being near a solar farm. These are accounted for with percentage deductions.

    General Reassessment
  • Each property is assessed based on its unique characteristics—size, condition, location, and recent sales. Even similar homes can have different values due to these factors.

    General Reassessment
  • Even without renovations, your value may change due to overall market shifts.

    General Reassessment
  • The general reassessment may or may not cause your property(s) assessed value to change. You are responsible for notifying your mortgage company of the change. Our office does not communicate any change of value to mortgage companies.

    General Reassessment
  • Yes. The County does offer tax relief for seniors, veterans, and land use deferment. Contact the Commissioner’s Office to see if you qualify.

    General Reassessment
  1. Henry County Home Page

Contact Us

  1. Mailing Address
    P.O. Box 7
    Collinsville, VA 24078
    Phone: 276-634-4600

    Physical Address
    3300 Kings Mountain Road
    Martinsville, VA 24112
    Phone: 276-634-4600

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