Covering Annandale, Bailey's Crossroads, Lincolnia, and Seven Corners in Fairfax County, Virginia

Real estate assessments are way up

Due to rising real estate prices, property tax assessments in Fairfax County are up an average of 9.57 percent for 2022. The average assessment for all homes is $668,974, a big increase from $610,545 in 2021, the Department of Tax Administration (DTA) reports. The 2023 advertised budget proposal presented by County Executive Bryan Hill to … Continued

Supervisors consider tax incentive to promote redevelopment

These three office buildings at the Skyline Center will be transformed into live/work units. [File photo] The Fairfax County Board of Supervisors on July 28 agreed to consider a new economic incentive program (EIP) to spur investment in the county’s five Commercial Revitalization Districts (CRDs). The CRDs are in Bailey’s Crossroads/Seven Corners, Annandale, McLean, Richmond … Continued