Why does Waynesboro assess at market value?
Assessments are required by the Code of Virginia and the City of Waynesboro to be at 100% fair market value.

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1. Why does Waynesboro assess at market value?
2. What is market value?
3. How does the Assessor's Office obtain information on properties?
4. How are property values determined?
5. What if there are no recent sales on a certain street or block?
6. Why do assessments change every other year?
7. Why are some properties assessed higher or lower than what they sell for?