Real Estate Assessment

The Real Estate Assessment Office determines the value of all property located within the City of Falls Church at full and fair market value as of January 1 of each year. This is done in accordance with Virginia Code to distribute taxes equitably among all taxpayers, at a real estate tax rate set by City Council each year to help fund the annual budget.

2021 Assessments

The total taxable assessed value for all properties in the city, as of January 1, 2021, is $ 4,570,946,700 ($4.57 billion), a 2.72 percent increase from January 1, 2020. New construction (valued at $72.68 million) accounts for 60.58 percent of the increase in assessed value in the City, and market appreciation accounts for the remainder. City assessments were mailed to property owners in late February.

Changes Comparing 2021 to 2020

  • Residential new construction accounted for $17.68 million of growth;
  • Commercial new construction account for $55.0 million of growth;
  • Overall commercial property values increased 0.57 percent;
  • Overall residential real estate values increased 4.07 percent;
  • Single family home and townhomes had varying changes but overall were up 4.21 percent and 4.62percent respectively;
  • Residential condominiums had varying changes but overall increased 3.12 percent.
As set forth in the Virginia Constitution, real estate is assessed at 100 percent of fair market value. The City's Office of Real Estate Assessment calculates property value annually using mass appraisal techniques that are standard in the real estate assessment industry.


Notices of Reassessment are mailed during the first quarter of the year. Property owners may make inquiries or appeal their annual assessment to the Assessor at any time during the tax year if the assessment:
  • Does not reflect current market value
  • Is not uniform with similar properties
  • Is based on inaccurate property details
Appeals for only the current year may be made to the Board of Equalization (BOE).

Taxpayers are encouraged to request formal reconsideration of their assessment by the City Assessor prior to filing an appeal with the BOE; however, appeals may be made directly to the BOE or the Circuit Court in Arlington County.


The office collects and maintains a history of all land parcels in the city with computerized current information specific to each parcel that includes:
  • Deed and plat references
  • Ownership history
  • Ownership
  • Specific house characteristic information
This information is widely used by realtors, attorneys, title search personnel, prospective home buyers, sellers, private appraisers, and surveyors. It is also used to produce an assessment land book each year.

2021 Important Dates & Deadlines

  • January 1, 2021: Effective Date of Annual Assessments
  • April 2, 2021: Appeal to Assessor Deadline
  • April 27, 2021: City Council Sets Real Estate Tax Rate
  • May 31, 2021: Deadline for Filing 2020 Income and Expense Surveys
  • June 4, 2021: Appeal to Board of Equalization (BOE) Deadline
  • June 7, 2021: Second Half of FY 2020 Real Estate Taxes Due
  • September 2021: BOE Hearings Begin
  • December 6, 2021: First Half of Fiscal Year 2022 Real Estate Taxes Due