The Homestead Exemption
WV Code 11- 6B-3 provides for an exemption from ad valorem property taxes on the first twenty thousand ($20,000) of assessed valuation on a personal residence. This applies to owner-occupied (Class II) property. For persons living in a rural area, this amounts to a maximum exemption of around $248.00 per year. For those in Ripley or Ravenswood, the maximum exemption is currently $298.00 per year.
You must be at least age 64 or older on July 1st or totally and permanently disabled to qualify for the Homestead Exemption. Residents who have moved here from out of state are required to have resided in West Virginia for the two calendar years prior to the assessment year that they first make application. This requirement is waived for persons who have been living out of state for less than five years and move back. The applicant must have occupied the property for more than six months prior to date of application. The applicant must sign oath that they do not receive a similar exemption in another state or county. If both spouses' names are on the deed for the residence, then both should make application as soon as they are able. This provides a smooth carry-over of the Homestead Exemption for a surviving spouse. Only one exemption shall be allowed for each Homestead used and occupied by the owner thereof, regardless of the number of owners residing therein.
Homestead Exemption application can be made July 1st through December 1st each year.
If you have already signed up for the Homestead and have not moved, you do not need to sign up again. If you have any questions please call the Assessor's Office Real Estate Division at (304) 373-2240.