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Assessor: 2026 reassessment shows 3.72% citywide gain; mailing delay will extend appeal period
Summary
Charlottesville’s assessor reported a 3.72% overall increase in 2026 assessed values, with the median assessed home at $548,800; staff said a printing error delayed mailed notices and that the 30‑day appeal period will be extended to accommodate the delay.
Assessor David Milton told the council the city’s 2026 reassessment produced a 3.72% overall increase in assessed value compared with the prior year. Residential parcels rose about 4.2% on average, commercial parcels about 2.14%, and the median assessed home price is $548,800, a 4% increase. Milton noted new construction accounted for roughly 0.31% of the change and reclassifications reduced value by only about $44,200.
Milton also informed council that a printing error delayed the mailing of assessment notices. He said the notices would be updated online the following morning and mailed out on Monday; staff will extend the statutorily required 30‑day appeal period to allow property owners time to review and file appeals. "We will extend the assessment period," Milton said, adding staff had worked to correct the issue and the delay was due to the printer’s schedules and inclement weather.
Councilors asked technical questions about whether the presented residential and commercial figures were means or medians; Milton confirmed that some numbers presented were averages (means) and clarified the differences for council budgeting purposes. He also noted that historically appeals reduce assessed totals by roughly 0.314% on average, a figure staff uses conservatively in revenue planning.
The council did not take action beyond noting the extension and asking staff to keep the public and council informed about updated online postings and the revised appeal deadline.
