A. In accordance with Section 58.1-3254 of the Code, the Fluvanna County Board of Supervisors (hereinafter the "County" or "BOS") has directed that there be two General 3 reassessments of real estate in the County. Such reassessments shall include all taxable and tax-exempt properties with the improvements and buildings thereon, if any, and shall be based upon Fair Market Value. All manufactured housing/mobile homes must be assessed in the same manner as real estate. B. The Fluvanna County Board of Supervisors is seeking the services of a fully qualified and experienced appraisal firm to provide such General reassessment services. The successful Offeror shall demonstrate their ability to provide a qualified person to be appointed as the County's Professional Assessor and to be certified by the Virginia Department of Taxation, as required by applicable law including specifically Sections 58.1-3258.1 and 58.1-3275 of the Code. The successful Offeror shall demonstrate extensive knowledge of the assessment requirements as set out in the Code. The successful Offeror shall demonstrate knowledge of Fluvanna County, shall have proven experience in the evaluation of residential, rural, and other properties similar to those located in the County, and shall demonstrate knowledge of property values in the surrounding areas. The intent of these specifications is to have all real property assessed at its fair market value in money as stated in Section 58.1-3201 of the Code: "All general reassessments or annual assessments in those localities which have annual assessments of real estate, except as otherwise provided in Section 58.1-2604 of the Code of Virginia, shall be made at 100% of fair market value…" Fair market value is defined by the International Association of Assessing Officers (IAAO) as “the most probable price expressed in terms of money that a property would bring if exposed for sale in the open market in an arms-length transaction between a willing seller and a willing buyer, both of whom are knowledgeable concerning all the uses to which it is adapted and for which it is capable of being used.” C. The reassessments shall be conducted in a manner consistent with all applicable laws, regulations, rules, standards and case law. Assessments shall be complete, uniform and at 100% fair market value. All taxable and nontaxable properties shall be visited and all elements of value appraised. In all cases, uniformity and equality are required under the laws of the Commonwealth of Virginia with respect to each class of property. All aspects of these General reassessments shall be conducted in accordance with the laws of the Commonwealth of Virginia. D. The hybrid administrative review reassessment consists of review of all property and sales since January 1, 2025 and onsite visits with pictures of all commercial properties and any new construction since last reassessment.
