Tag Archives: real estate tax rates

My Real Estate Tax Assessment Changed. What Does It Mean?

From Centreville to Vienna to Arlington and points in between, homeowners have already received (Arlington) or will shortly have their new real estate tax assessment in the mail. (Fairfax County assessments will be available 2/28) I am guessing most will be higher than last year since we had an overall 3% increase in prices in 2011.

I am often asked if the assessment is reflective of market value and the answer is