What is Washingtons “Special Valuation for Historic Properties” program?
From their website: “During its 1985 session, the Washington State Legislature determined that as the state approached its centennial year, the preservation of a lasting legacy of historic resources was an important goal. In order to reach this goal, the legislature passed a law which allows a ‘special valuation’ for certain historic properties within the state.The primary benefit of the law is that during the 10-year special valuation period, property taxes will not reflect substantial improvements made to the property.” To read about the process of putting your property on the Special Assessment, go to the info page here.
