Tax Exemption for Rehabilitated Real Estate - Prince William, Prince William County Finance Department
4379 Ridgewood Center Drive, Suite 203, Prince William, VA 22192
Eligibility
The increase in building value due to rehabilitation, renovation, or replacement must be 25% or more of the assessed value before any work is done.
Residential structures must be at least 15 years old and increase in size by no more than 30%.
Commercial/industrial structures must be at least 20 years old and increase in size no more than 100%.
Hotel or motel structures must be at least 35 years old and increase in size by no more than 100%.
Rehabilitation must be completed by December 31 of the third calendar year after the application was submitted.
The application and $50 non-refundable application fee must be submitted after you obtain appropriate building permits, but before any work is started.
Taxes must be kept current to qualify and remain in the program.
All work must conform to existing building and zoning regulations.
Hours
8am to 5pm from Monday through Friday
(703) 792-6780
Voice
Email[email protected]
Application process
For more information or to request an application, contact the Real Estate Assessments Office at 703-792-6780 or [email protected].
Fees
$50 non-refundable application fee.
Service area
Prince William, VA
The tax exemption program encourages renovation and revitalization of aging structures located in the county. By improving the condition and appearance of existing properties, Prince William County will become a more appealing place for homeowners and businesses to invest.
What's Here
Providing organization
Prince William County Finance Department
The Finance Department promotes quality and efficiency by maximizing available resources and providing innovative financial and risk management services to a broad range of internal and external customers.
