Revaluation
is the process where all property (land and buildings) within Mecklenburg County
is revalued to its current market value as of an established date, in this case
January 1, 2023.
Property
taxes are based on the market value of your property. Without periodic
revaluation, some property owners would pay more than their share of property
tax while others would pay less than their share. Revaluation resets property
tax values so all taxpayers pay their fair share.
North Carolina law requires all counties to conduct a property revaluation at least every eight years to determine its market value. Mecklenburg County has advanced its cycle to conduct a revaluation every four years.
The
Assessor’s Office has spent two years determining the market
value of all properties. County assessors will visit and observe all properties to:
- Verify the accuracy of characteristics on record for the property.
- Compare similar property sales.
- Consider improvements or changes that have been made to the property.
Important DatesJanuary 1, 2023: Countywide Revaluation Effective Date
January 23, 2023: Notice of January 2023 Real Estate Assessed Value Mailed
July 2023: Tax Bill Mailing
Appeals
Have questions or disagree with your assessed value?