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In the pivotal case of Virginia International Gateway v. City of Portsmouth, 829 S.E.2d 199 (Va. 2019), the Supreme Court of Virginia addressed the admissibility and impact of testimony from an International Real Estate Valuation Expert Witness in a high-stakes property tax assessment dispute. This case provides critical guidance on the qualifications required for expert witnesses in real estate valuation, especially in matters involving complex, internationally significant properties.
Background and Parties
Virginia International Gateway, Inc. (VIG), the operator of a major marine terminal in Portsmouth, Virginia, challenged the City of Portsmouth’s 2015–2016 real and personal property tax assessments. VIG contended that the City’s assessments substantially exceeded the actual fair market value of its property, resulting in an unjustified tax burden. VIG filed separate applications to correct both the real estate and personal property assessments, which were consolidated for trial.


