Matthew Harris
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Activity overview
Latest activity by Matthew Harris-
Matthew Harris created an article,
Schedule of Values
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 adj...
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Matthew Harris created an article,
If I’m interested in current residential real estate sales, where can I find that information?
The County publishes residential sales at https://www.wake.gov/departments-government/tax-administration/real-estate/residential-sales-search. The Residential Sales Search tool allows users to map ...
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Matthew Harris created an article,
How does the County conduct a revaluation?
How does the County conduct a revaluation?There are four main steps in a revaluation: neighborhooding, land and building pricing based on sales data, field and office reviews, and notice of assessm...
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Matthew Harris created an article,
Why is the County phasing in the change in the revaluation cycle?
Why is the County phasing in the change in the revaluation cycle?The County is providing a gradual transition for stability. It will help property revaluations become more routine for property owne...
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Matthew Harris created an article,
Why are more frequent revaluations a better approach?
Why are more frequent revaluations a better approach?Breaking up the value changes into smaller increments will reduce the sticker shock associated with longer periods between revaluations. More fr...
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Matthew Harris created an article,
What is the benefit of more frequent revaluations?
What is the benefit of more frequent revaluations?More frequent revaluations allow growth in the tax base to be realized sooner and promote fairness in property value assessments. They ensure that ...
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Matthew Harris created an article,
What is revaluation?
What is revaluation?Revaluation is the process that makes sure each property's assessed value reflects its fair market value, as of the Revaluation effective date, or the most probable price a prop...
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Matthew Harris created an article,
Revaluation
RevaluationReal estate revaluations are required by law in North Carolina, and they set the tax value of all residential and commercial land and structures such as homes, office buildings, stores, ...
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Matthew Harris created an article,
I agree with my new appraised value. Do I need to do anything?
If you agree with your new value, no action is needed.