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Hanover assessor previews 2025 reassessment: interim growth about 4.74%, ~30,000 notices expected
Hanover County Board of Supervisors · December 11, 2024
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Summary
Director of Real Estate Assessment Richard Paul told the board the 2025 interim reassessment shows an overall net increase of about 4.74% (residential +3.9% ≈ $724M; commercial +0.86% ≈ $37.7M), about 30,000 parcels will receive notices and informal review begins in January.
Richard Paul, Director of Real Estate Assessment, briefed supervisors on the county's interim results for the 2025 reassessment. Paul said the interim net increase stands at 4.74% and that roughly 30,000 parcels will receive assessment change notices. He broke the change into major classes: residential up…
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