Code of Virginia (Title 58.1 — Taxation)
Va. Code § 58.1-3291
Valuation of repairs, additions and new buildings
Official textlaw.lis.virginia.gov
Any building and enclosure which may have been increased in value to $500 or upwards, by repairs or additions thereto, shall be assessed in the same manner as if they were new.
New buildings shall be assessed, whether entirely finished or not, at their actual value at the time of assessment.
Source: view the official text
Nearby sections (25 sections)
- 58.1-3282 · When land and improvements owned separately; how assessed
- 58.1-3283 · Assessment of airspace owned separately from subjacent land…
- 58.1-3284 · Assessment of standing timber trees owned by person who…
- 58.1-3284.1 · Assessment of lots and open spaces in certain planned…
- 58.1-3284.2 · Reassessment of residential property containing defective…
- 58.1-3284.3 · Wetlands to be specially and separately assessed
- 58.1-3285 · Assessment and reassessment of lots when subdivided or…
- 58.1-3286 · Mineral lands to be specially and separately assessed;…
- 58.1-3287 · Mineral lands and minerals to be included in general…
- 58.1-3288 · Assessment in name of "unknown owner."
- 58.1-3289 · Reserved
- 58.1-3290 · How land divided among several owners to be assessed
- 58.1-3291 · Valuation of repairs, additions and new buildings
- 58.1-3292 · Assessment of new buildings substantially completed, etc.;…
- 58.1-3292.1 · Assessment of new buildings substantially completed in a…
- 58.1-3293 · Building, etc., when damaged or destroyed, value to be…
- 58.1-3294 · Reports of income data by owners of income-producing…
- 58.1-3295 · Assessment of real property; affordable rental housing
- 58.1-3295.1 · Assessment of real property; residential rental apartments
- 58.1-3295.2 · Assessment or exemption of certain real property conveyed…
- 58.1-3295.3 · Assessment of real property; data centers
- 58.1-3300 · Reassessment record; original filed in clerk's office;…
- 58.1-3301 · Form of land book
- 58.1-3302 · What the table of town or city lots to contain
- 58.1-3303 · Clerks to forward copies of certain receipts and make…