Real estate assessors have started work in Montgomery County this month, according to the Roanoke Times. The assessors have been hired from Danville to establish fair-market values for the reassessments. Property owners will receive notices of the assessed values in November of 2010. As of now, it is too early to see how property taxes will be impacted.

"Assessors started visiting properties in Montgomery County this month as part of the real estate reassessment process.

And next year, property owners will get a better sense of how that process will affect their dollars and cents when they receive notices of their new assessed values.

The county has hired Wampler-Eanes Appraisal Group Ltd. of Daleville to conduct the 2011 general reassessment, and the firm will examine sales data and visit more than 37,000 parcels to establish fair-market values for the reassessment, according to county information.

Appraisers began their study Aug. 3 to verify information for properties sold during the past 18 months. Every property will be viewed by an assessor between now and fall 2010, and the appraisal firm also will verify property information, such as square feet and number of bedrooms and baths.

Property owners will then receive notices of the assessed values in November 2010.

County officials said it's too early to tell whether property owners will see an increase in property taxes."

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