58.1-3291 - Valuation of repairs, additions and new buildings.
§ 58.1-3291. Valuation of repairs, additions and new buildings.
Any building and enclosure which may have been increased in value to $500 orupwards, by repairs or additions thereto, shall be assessed in the samemanner as if they were new.
New buildings shall be assessed, whether entirely finished or not, at theiractual value at the time of assessment.
(Code 1950, §§ 58-811, 58-812; 1974, c. 133; 1983, c. 161; 1984, c. 675.)