FOR IMMEDIATE RELEASE

Contact: Pearson’s Appraisal Service, Inc.

The City of Covington has retained Pearson’s Appraisal Service, Inc., to perform its 2023 General Reassessment of real estate, which will become effective on July 1, 2023.   The Code of Virginia mandates that each locality periodically perform a general reassessment of real estate to determine each property’s fair market value and to equalize each property’s value in relation to similar properties.

When the members of the reassessment team begin visiting properties, they will be carrying photo I.D.’s and will have magnetic reassessment signs on their cars for the City of Covington. We want to alert the public to this, because our appraisers will be coming out to residents’ homes to look at dwellings and their property in general, as well as, to take exterior pictures/measurements in order to determine their fair market value.  It is our ultimate goal to get a good, accurate assessment of all real estate in the locality. No reassessment staff will be entering any home.

The field assessments are expected to be completed in March 2023 and the notices of the proposed changes in the assessed values will be mailed out to property owners. These notices will also give the details on the method of appealing the proposed assessed values.

If a property owner has any additional information that they would like the appraisers to know, please call Pearson’s Appraisal at (804) 560-9200 or call the Covington Commissioner of the Revenue office at (540) 965-6350.