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Alexandria 2025 real property assessments show modest 2.57% tax base increase driven by residential gains
Summary
City staff presented the city's 2025 real property assessment report, saying total taxable assessments rose 2.57% year over year, largely because of residential appreciation. Staff outlined appeal deadlines and explained commercial declines tied to investor financing and apartment market pressures.
The Alexandria Office of Real Estate Assessments reported that the city's total taxable assessments increased 2.57% for tax year 2025, driven chiefly by residential appreciation, staff told the Alexandria City Council during its February legislative meeting.
"Not to bury the lead, which is that the total taxable assessments increased the tax base by 2.57% from 2024," said Ann Win Mills, appraiser supervisor in the Office of Real Estate Assessments, as she summarized the office's findings. Residential values rose 4.55%, while the commercial tax base fell $156 million, the presentation said.
Why it matters: Assessment totals determine the property tax base that funds city services and capital projects. Council members asked about which property classes changed and what owners should do…
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