Monday Deadline for Informal Property Revaluation Review
Residents who have questions about their new 2023 property assessments, or believe their assessment is higher than the market value of the property, have multiple options to review their values with Mecklenburg County staff.
- Property Tax Resource Fair: The Assessor’s Office is hosting an event to speak with residents about their new values and options for property tax relief. No registration is necessary.
- The fair will be held Saturday, April 15, 9 a.m. – 11 a.m., at Eastway Regional Recreation Center, 3150 Eastway Park Drive, Charlotte, NC 28213. Add to calendar
- Informal Review: The final day to request an Informal Review is Monday, April 17. The Informal Review allows a property owner and assessor to review the notification together and correct any errors without having to file a Formal Appeal. Instructions to request an Informal Review are on the assessment notice, or owners can visit Reval.MeckNC.gov.
- Formal Appeal: The final day to file a Formal Appeal is June 9. A Formal Appeal is reviewed by the Board of Equalization and Review (BER), a board of citizen volunteers that hears appeals on assessed values. Appeal forms are available at the County Assessor’s office and online at Reval.MeckNC.gov.
New property assessments for more than 400,000 parcels were posted online on March 17 and notices mailed to the owners. With the increase in sales prices across the region in recent years, property assessments have increased an average of 51% in Mecklenburg County. Owners are encouraged to check comparable sales in their neighborhoods. After finding their property online, owners can use the “Comper” tool to see what nearby properties have recently sold for.
OUR COMMUNITY HAS GROWN: Revaluation is the process in which Mecklenburg County revalues all property (land and buildings) to its current market value as of an established date, in this case Jan. 1, 2023. North Carolina law requires all counties to conduct a property revaluation at least every eight years. Mecklenburg County currently conducts revaluation every four years.
The Assessor’s Office monitors market data to accurately determine the market value of all properties. Staff visit and observe properties to verify characteristics, compare similar property sales and consider improvements or changes made. Revaluation captures these changes in value for property tax purposes. Properties are revalued to ensure assessed values are based on the current market and establish equalization for property owners throughout Mecklenburg County.
TAX BILLS: Following the assessment of properties, tax rates are set by City, County, and Town elected officials every spring and applied to a property’s value. The tax bill is calculated and mailed in the summer to all property owners in Mecklenburg County.