© 2023 WFAE
90.7 Charlotte 93.7 Southern Pines 90.3 Hickory 106.1 Laurinburg
Play Live Radio
Next Up:
Available On Air Stations

It’s Reval Day. Mecklenburg County sends out notices, updates property values online

Lisa Worf
The Tryon Hills neighborhood in North End is seeing bigger homes go up among smaller, lower-priced ones.

Mecklenburg County residents and businesses can see Friday how their homes and properties have changed in value over the last four years. In nearly all cases, they’ve increased by quite a bit.

The first countywide revaluation since 2019 has been in the works for months, with assessors checking out all of the more than 400,000 properties in Mecklenburg.

Residential property values increased by an average of 58%. But lower-priced homes, especially in neighborhoods close to uptown, are seeing much larger increases. In some cases, their values doubled, or more. That means those property owners will likely see the highest increases in their tax bills.

Mecklenburg County

Commercial properties only increased an average of 41%. That means more of the county’s tax burden will shift to homeowners.

Mecklenburg County has begun sending out the new assessment values by mail. You can also look up property values online.

County commissioners, city and town councils will set the tax rates in the coming months. That discussion will involve whether to lower the tax rate to keep revenue at the same level or whether to adjust it to grow the budget.

Sign up for our daily headlines newsletter

Select Your Email Format

Lisa Worf traded the Midwest for Charlotte in 2006 to take a job at WFAE. She worked with public TV in Detroit and taught English in Austria before making her way to radio. Lisa graduated from University of Chicago with a bachelor’s degree in English.