ROANOKE, Va. – If you own a home in Roanoke, your real estate value is likely increasing.
City leaders said property values are up nearly 10% – almost $10 billion.
Multi-family homes are rising the most – they’re up about 15%. Single-family homes aren’t very far behind.
It is projected that the increased property value will bring in $112 million in tax revenue for the Star City.
You should receive real estate assessments by mail soon. The deadline to appeal is Feb. 1.