When you are considering a purchase of a home, one of the necessary things to know is the real estate tax rate for that particular area. In the Central Virginia real estate market there are considerable differences in tax rates among the various counties that make up the region. For some purchasers these rates are still very low compared to the section of the country that they are relocating from. However, many purchasers will need to carefully consider the tax rate, because it may impact whether they can afford a particular home.
The following are the real estate tax rates for the Central Virginia area:
City of Charlottesville – $.95/$100 of assessed value
Albemarle County – $.71/$100 of assessed value
Louisa County – $.62/$100 of assessed value
Fluvanna County – $.48/$100 of assessed value
Greene County – $.72/$100 of assessed value
Orange County – $.47/$100 of assessed value
If you are considering a move to Central Virginia, I would be happy to talk with you about the different neighborhoods that make up the Central Virginia real estate market.
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