What is the Schedule of Values?
The Schedule of Values, or SOV, is a manual providing rates, value ranges, and guidelines for appraising property at fair market value in Wake County. It includes adjustments that may be used for various types of construction, adjustments for market conditions, and valuation schedules for land. By law, the SOV must be approved by the Board of Commissioners.
The SOV provides summaries and broad ranges of the parameters in the County’s Computer-Assisted Mass Appraisal System (CAMA). The rates and ranges in the Schedule of Values will be effective Jan. 1, 2027, and will stay in effect until the next revaluation. Any changes or improvements made to properties during this time frame will be appraised in accordance with the standards found in this document.
A copy of the SOV, in PDF format, is available at wake.gov/sov.
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