That is crazy! Almost 20% in one year is ridiculous. I’m sorry. Have you talked to the assessor’s office? Phone: 757-514-7475.

That’s a great questions! Unfortunately, we don’t have any answers for that. There are so many businesses, literally hundreds, that have their property assessments that are significantly less than previous sales, or they have been flat for years, or in some cases, they have reduced assessments. Their assessments have been going down while the residents have been experience year after year of increases. It isn’t just one business or a few that are seeing these beneficial assessments, it is very wide spread. At the very least it is clear the city would rather focus its efforts on reassessing residents than focus on businesses.