City of Hopewell
Division of Real Estate
300 N. Main Street, Room 105
Hopewell, VA 23860
804-541-2234

The Division of Real Estate is responsible for valuing all real property in the City of Hopewell in a fair and equitable manner. Virginia Code §58.1-3201 requires jurisdictions to assess property at 100 percent of its fair market value. A Biennial Reassessment is conducted every two years, after analyzing the local sales of real property for the previous two years.  The reassessment becomes effective January 1 of the given year, i.e. property reassessed in 2010 effective January 1, 2011.

Other responsibilities of the Division Real Estate are to maintain ownership records, value new construction, administer laws pertaining to real estate assessments and exemptions, and provide an annual land book