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District of Columbia Tax Assessments Indicate a Steady Real Estate Market

Wednesday, February 27, 2019

The Office of Tax and Revenue (OTR) announced today that it has begun to mail Tax Year (TY) 2020 assessment notices to all real property owners in the District of Columbia. More than 200,000 taxable and exempt real properties have been reassessed to reflect current market values as of January 1, 2019. This is NOT a tax bill. Property owners receiving new assessment notices will not be taxed on the new assessed value until March 2020.

The District’s real estate market remains steady as the proposed TY 2020 assessment average increase in single-family residential properties (Class 1) was 4.23 percent. The commercial (Class 2) market also shows value increases of 2.42 percent.

The TY 2020 real property assessment notice contains the proposed assessed value for a property as well as the estimated taxable assessment and important information related to property tax relief programs such as the homestead benefit and senior citizen tax relief. In addition, included on the notice is the assigned appraiser’s contact information for taxpayers who wish to discuss their assessment.

District property owners who believe their proposed TY 2020 assessment does not reflect the market value of their property are encouraged to file an appeal on or before April 1, 2019. The appeal process begins when a property owner submits a First Level Appeal Application to OTR. Property owners can appeal their assessment online by visiting otr.cfo.dc.gov under the “Real Property” tab.

Property owners can access the following documents:

2020 Base Change Commercial (Class 2)

2020 Single Family Overall Change Residential (Class 1)

2020 Residential Change Map by DC Ward

2020 Commercial Change Map by DC Ward