Virginia § 58.1-3291 - Valuation of repairs, additions and new buildings
Full text of Virginia Code of Virginia § 58.1-3291 — Valuation of repairs, additions and new buildings, with citation guidance and answers to common questions.
§ 58.1-3291. Valuation of repairs, additions and new buildings
Any building and enclosure which may have been increased in value to $500 or upwards, by repairs or additions thereto, shall be assessed in the same manner as if they were new.
New buildings shall be assessed, whether entirely finished or not, at their actual value at the time of assessment.
Code 1950, §§ 58-811, 58-812; 1974, c. 133; 1983, c. 161; 1984, c. 675.
Source: official Virginia text · Last verified 2026-08-27
Frequently Asked Questions About Virginia § 58.1-3291
What does Code of Virginia § 58.1-3291 cover?
Section 58.1-3291 ("Valuation of repairs, additions and new buildings") is part of the Code of Virginia, the codified statutory law of Virginia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Virginia § 58.1-3291?
A common citation format is "Code of Virginia § 58.1-3291" (Virginia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Virginia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Virginia official source linked on this page or consult a licensed Virginia attorney.
How does Virginia § 58.1-3291 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Virginia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Virginia.