Submitted by theblondepenguin t3_118mrxq in rva
Comments
2054 t1_j9i1q24 wrote
This was my experience too.
theblondepenguin OP t1_j9i1t28 wrote
Nah I’ve been here for 10 years and this is an older neighborhood it was like 240 when I bought it
RulerOfTheRest t1_j9i202e wrote
Mine was just under 11% this year in Lakeside...
CoffeexCup t1_j9i2v9o wrote
I’m in Lakeside and went up just under 10%. I’ve pretty much doubled since 2014.
1thetodd1 t1_j9i34o8 wrote
Yeah…25% sucked. It’s gone up the past few years, but this was a huge jump.
Hawthorne_northside t1_j9i4mgi wrote
My total went up, but the assessment on the house went down, while the land went up.
throwingutah t1_j9i7hfr wrote
Your dirt got more expensive.
Unfair_Concentrate65 t1_j9i9gjn wrote
Powhatan and I went up 107k to 900k. Ridiculous
McFlare92 t1_j9ig60p wrote
Nice humble brag about your million dollar house lol
Dr_Bonejangles t1_j9isvsp wrote
The county hit the lottery with us.
upearlyRVA t1_j9j4uc0 wrote
No worries, we'll get $60 back, probably. Mine was up around 16%.
albertnormandy t1_j9j6xu9 wrote
Mine out here in Hanover went up a lot too.
tarhuntah t1_j9j8opc wrote
Mine did too I’m in Henrico…not sure it’s even worth filing a grievance. I hope they are going to pay their teachers more with the extra money bloat.
csteven71 t1_j9jaszd wrote
Thank you for the laugh.
Chickenmoons t1_j9jbgw2 wrote
My Lakeside spot went up 7.8% and reading these comments I’m feeling lucky.
UnzippedButton t1_j9jc1vt wrote
11% last year and 22% this year. Yeehaa.
theblondepenguin OP t1_j9jcw5b wrote
Yep, the house 40k and the dirt 33k. Interestingly I it’s unrealized increased value, I don’t benefit from value but I pay for it.
TheTariffof19892 t1_j9jdbwk wrote
Someone start shooting road signs in neighborhoods. Lower the property value for us please
Unfair_Concentrate65 t1_j9jdcib wrote
It’s one of my 3 so let me brag some more.
[deleted] t1_j9jdyk1 wrote
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[deleted] t1_j9jfm2j wrote
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Mr_Kittlesworth t1_j9jhxtr wrote
This is the reverse of the argument that people who bought before the pandemic hit the lottery. Because our homes are more valuable, but we don’t get that money till we sell.
OddWelcome2502 t1_j9jhz3y wrote
Lakeside, 39%! We added a shed. It’s a very nice shed, but not that nice.
jwal1992 t1_j9jiv9r wrote
Yiiikes. I remember this happened in Lexington/Rockbridge county in the 2000’s. People were upset about how it was a loop hole for raising taxes.
Smack-Kerouac t1_j9jjr0c wrote
Owned my home since 2001 (and have no intention of moving) but got hit with the 25% tax increase this year, too. I thought there was a cap on how much they could go up in a year? Maybe I'm remembering the olden days when I was in the city limits?
[deleted] t1_j9jkejp wrote
Same here
blueskieslemontrees t1_j9jkpi4 wrote
We had 11% last year and 6% this year. Has there been any new developments near you? It does appear they were all targeted adjustments
theblondepenguin OP t1_j9jlxqc wrote
We are behind deep run we had one house bulldozed and 6 put in its place a few years ago, and there are apartments/condos/townhomes cropping up but nothing like the 1970-80 single fam homes that we are in.
turnipmeatloaf t1_j9jmrih wrote
Yup that’s how wealth taxes work. Real estate taxes are just wealth taxes on the middle class
LoveOfProfit t1_j9jmzns wrote
Funny that an argument against a wealth tax on billionaires is that its unrealized gains, they'd have to sell stuff to pay for it, etc, but somehow that's not a problem for normal people with a house you get taxed on more and more.
[deleted] t1_j9jnchb wrote
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Ditovontease t1_j9jo5z4 wrote
nah the gunshots here didn't do shit about rich fucks paying half a mil for a stupid townhouse
hiegear t1_j9jon5x wrote
You should see Powhatan.
Dr_Bonejangles t1_j9jpxck wrote
It's gonna be great ! lol
Aggravating_Algae_52 t1_j9jpxlk wrote
Makes me feel very fortunate we don’t have to pay property tax on our home. I think it went up something like 14% last year and I haven’t even paid attention to it this year.
Dr_Bonejangles t1_j9jpzgu wrote
lordpuddingcup t1_j9jqlrn wrote
I’m over in highland springs and jumped 23% apparently
Lucky_Locks t1_j9jscu1 wrote
How much you renting out that shed for?
mikeyneri08 t1_j9jsmao wrote
29% in the last two years for me. If your kids come home from school and tell you a grown man was sitting in on their Earth Science class, don’t mind me. Just getting my money’s worth.
jodyhighrola t1_j9jsp1z wrote
Please continue
Unfair_Concentrate65 t1_j9jsusw wrote
My house on the bay only went up 83k!
teevanigirl t1_j9jtiob wrote
Chesterfield 20% last year and 21% this year.
theblondepenguin OP t1_j9ju095 wrote
It is going to hit the lower middle class the most, because landlords are going to pass along the extra cost to the renters who have already seen substantial increases in rent. Pair the increasing rent with the real estate investment trusts and property managers buying up all the property they can homeownership is going to seem more out of reach then ever.
It also drives me bonkers that these companies are in the best position to take the tax advantages that we pay for, in the form of subsidies for eco-initiatives historical preservation,subsidized housing among others.
If they really wanted to help the middle classes they wouldn’t charge property taxes on single family primary residences (even if it is limited to property under a million in value) and increase the price on single family residences that are income producing. Unfortunately it wouldn’t stop the cost from going to the renter but it would at least stop punishing the homeowners for the positive development of an area.
theblondepenguin OP t1_j9jume7 wrote
If you can find a day they are actually in school. It seems like every week they have a teacher planning day, holiday, special Election Day, march 10th is I shit you not a “wellness day”. . .
Gorz0th t1_j9jwn72 wrote
So, what new services is your county going to offer for that extra 600 bucks of expenses that you'll be able to utilize?
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turnipmeatloaf t1_j9jxhky wrote
I would like to see a progressive real estate tax system. Like, one where houses over a certain value have higher tax rates and those with lower values have lower rates.
But I guess the rich would never let that happen
Historical-Bet7108 t1_j9jy6a1 wrote
42% in 2023 and 9.16% in 2022 in city limits
jodyhighrola t1_j9jyrac wrote
Unfair_Concentrate65 t1_j9jz3gh wrote
I don’t know about my place in Bath county yet.
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Smiziley t1_j9k0du4 wrote
We're opposites. Mine went up over 20% last year, 3 % this year.
PercyDovetonsils t1_j9k5pei wrote
2.2% last year and 9% this year. I didn’t realize I was living in a depressed area of Chesterfield.
Charlesinrichmond t1_j9kdm5n wrote
could be worse. You could be in city of Richmond and get nothing back
Charlesinrichmond t1_j9kdw4m wrote
Every time someone suggests this I think they have never heard of Church Hill... lots of gunfire, lots of prices going up
theblondepenguin OP t1_j9ke2nq wrote
That would require the politicians to work for the people rather then themselves and their donors
theblondepenguin OP t1_j9keakk wrote
Henrico county put in a 2% prepared food tax I think it was 2012 to pay for all the new green parks that have been built.
bodydamage t1_j9keqp9 wrote
We’re in KW and our assessment is up like 40% YOY
On paper our house has gone up 62% since 2019 which I think is insane.
Imheretosnoopatcats t1_j9kf1tc wrote
I got the lottery of like ~40%. My neighbor has an identical house and it went up 17%.
chesbaysailor t1_j9khvih wrote
Tax man gets his cut even after the mortgage is paid..
BellyButtonTickler t1_j9kjmck wrote
Hol up. Weren’t we supposed to get some kind of refund last year, and then this year? Did I miss the boat on that?
plummbob t1_j9ko353 wrote
Taxing the rental market more wouldn't lower prices and would worsen the problem you're trying to solve.
theblondepenguin OP t1_j9kxfvt wrote
I think that was on personal property taxes and it was a credit to the December bill rather then a check
theblondepenguin OP t1_j9kxkz6 wrote
Hence the last paragraph, we can’t solve all the problems that shouldn’t stop us from trying to solve any
MuadDave t1_j9kzqga wrote
It was about the same for me up in Hanover. What the hell are they thinking? In the middle of tough economic times, tax the hell out of us. Smart. /s
Moxy-Proxy t1_j9l6zbc wrote
Yeah it’s a racket
AuspiciousToad t1_j9lk34n wrote
Mine went up over 60%. When I called they said “we drove by and saw new siding, new windows, and solar panels, and we just assumed you did work on the inside too and based the estimate off of that”. Nice.
Arcangelathanos t1_j9lkv0u wrote
We're getting new recycling carts and a new park.
Arcangelathanos t1_j9ll25x wrote
What I'm hearing is that I need to make the outside look unkempt.
Myfourcats1 t1_j9llzew wrote
I’m in Chesterfield. Mine jumped too.
FearingEmu1 t1_j9lrfkb wrote
13% up in Lakeside over here.
tpasmall t1_j9lvi1q wrote
Yep same. Gotta love it.
theblondepenguin OP t1_j9lvv3m wrote
The ones they just built by nucklos farm only start at 500 and Ive seen them above a Million. Tbh it was one of the ones that is just two butt to butt. The townhouses are averaging around 700
buckstrawhorn t1_j9mor82 wrote
Mine went up 15% in Hanover.
[deleted] t1_j9mxw7d wrote
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McFlare92 t1_j9i1eaq wrote
6% this year in chesterfield county, 23% last year. Did you just buy the house? If you did and paid a high price, the county is going to adjust accordingly