Matthew Harris

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Articles

Recent activity by Matthew Harris Recent activity Votes
  • What if I do not agree with my new notice of value?

    What if I do not agree with my new notice of value?All property owners have the right to appeal the appraised value of their property. If you believe the value does not reflect fair market value an...

  • 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, ...

  • Revaluation Process

    Revaluation ProcessThere are four main steps in a revaluation: neighborhooding, land and building pricing based on sales data, field and office reviews, and notice of assessment and appeal review.N...

  • I just bought my house. Should the value match what I paid for it?

    I just bought my house. Should the value match what I paid for it?Properties are assessed at fair market value, which means the most probable price a property would bring in a competitive and open ...

  • I agree with my new appraised value. Do I need to do anything?

    I agree with my new appraised value. Do I need to do anything?If you agree with your new value, no action is needed. 

  • How often does the County conduct a revaluation?

    How often does the County conduct a revaluation?In North Carolina, counties must conduct a revaluation at least once every eight years. The current revaluation has an effective date of January 1, 2...

  • 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...

  • After revaluation, will my tax bill stay the same?

    After revaluation, will my tax bill stay the same?The tax rate is set by elected officials in the annual budget. The Wake County budget process, like that of many municipalities, begins in May. Pub...

  • 2027 Revaluation

    2027 RevaluationAbout the 2027 RevaluationWake County is growing rapidly, and property values are increasing faster than ever. Between 2020 and 2024, property values rose by an unprecedented 51%. T...

  • 2024 Revaluation

    2024 RevaluationAbout RevaluationFor a revaluation, real estate must be appraised at fair market value, which is the most probable price a property would bring in a competitive and open market, as ...