Informal Real Property Appeal
The information provided is intended to provide property owners with a general understanding of what must be completed to submit a valid informal appeal.
File an Appeal
A request for an informal review of your assessed value may be made in writing by completing the Informal Review Form that is attached to the Notice of Real Estate Value, or by completing the Online Appeal Form. Forms completed in their entirety, to be considered valid appeals, must be made within 30 days of the date of the most recent notice of assessed value.
If the form is received after the 30 day period but before the Board of Equalization and Review has adjourned from accepting appeals, it will be considered a request to appeal to the Board of Equalization and Review. You may appeal the value of your property by sending a written request during the month of January to our office, in any year.
Valid Reasons For An Appeal
- The assessed value is not comparable to market value, as of the revaluation date.
- The assessment is not equitable to comparable properties.
- Errors on a property record card.
Invalid Reasons For An Appeal
- Amount of increase is too much
- County services are too low
- Inability to pay
- Taxes are too high
How The Appeal Will Be Reviewed
The property owner is responsible for supplying information which supports his or her opinion of market value for the property in question. Such information may include, but is not limited to:
- An appraisal as of the last countywide reappraisal date.
- Asking price
- Comparable sales of similar properties that sold prior to the last countywide reappraisal date.
- Recent construction cost
The appraiser will provide a notice of real estate value that will reflect their decision. Based upon all the information available to the appraiser, he or she will make 1 of the following decisions:
- The property is currently assessed at market value and no change will be made.
- The property was assessed greater than market value and will be reduced to reflect current market value.
- The property was under assessed and the value will be increased to reflect current market value.
North Carolina General Statute 105-283 defines market value as: "All property, real and personal, shall as far as practicable be appraised or valued at its true value in money. When used in this Subchapter, the words “true value” shall be interpreted as meaning market value, that is, the price estimated in terms of money at which the property would change hands between a willing and financially able buyer and a willing seller, neither being under any compulsion to buy or sell and both having reasonable knowledge of all the uses to which the property is adapted and for which it is capable of being used. For the purposes of this section, the acquisition of an interest in land by an entity having the power of eminent domain with respect to the interest acquired shall not be considered competent evidence of the true value in money of comparable land."
For further assistance or additional information please call the Assessor's Office at 704-928-2043.