What is Land Use-Value Assessment?
Land use-value assessment is found in some form in all 50 states in the United States, suggesting support for the preservation of this land and for the reduction of tax burden on owners of land used in producing food, fiber, and timber. In 1974, Virginia passed legislation to enable localities to provided tax relief to land owners in order to preserve agricultural, horticulture, forestry and/or open space lands with the explicit purpose that the public would benefit from its preservation.
Recent Updates
TY2024 draft estimates were presented at the 2023 State Land Evaluation Advisory Council (SLEAC) Meeting on August 3, 2023. Please direct questions on the estimates to the following contacts:
Agricultural/ Horticultural Estimates – Patrick Kayser – patrickk@vt.edu
Forest Estimates – Dean Cumbia – dean.cumbia@dof.virginia.gov
Open Space Estimates – Andrew Smith – andrew.smith@dcr.virginia.gov
