Understanding Your NC Property Tax Reassessment

Dated: February 13 2024

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Hello, fellow North Carolinians and curious minds! Recently, my mailbox in Cabarrus County got a little surprise—notice of real estate assessed value notices. Ah, the joy! One for my investment property, which was spot-on (thanks to a recent purchase), and another for my beloved home, which seemed to be assessed in a parallel universe. With these recent reassessment notices hitting mailboxes across Cabarrus County, many homeowners are scratching their heads, wondering where these numbers come from and how they can be so varied.

The Great Assessment Mystery

First off, let's clear the air: those numbers on your reassessment notice aren't conjured by a wizard. Assessors rely on formulas factoring things like square footage, age, and amenities rather than individual property inspections. So don't take your new assessment as a judgment on your home.

When Your House Plays Hide and Seek with Its Value

Finding out your home's assessed value is wildly off can feel like you've stepped into an alternate reality. If it's too high, you're probably wondering if the assessor's been sipping something strong. Too low? Maybe don't shout about it from the rooftops—unless you love giving more money to the tax collector.

The Plot Thickens: To Appeal or Not to Appeal

If your assessed value seems like it's been pulled from a hat, there's an appeal process. With some savvy comp-shopping (courtesy of your favorite REALTOR®, ahem, that's me), you can challenge the county's mystical number-crunching.

Call in the Cavalry: Your Friendly Community REALTOR®

Navigating the tempestuous seas of property taxes doesn't have to be a solo mission. As your REALTOR®, I'm here to be your compass, guide, and occasionally your therapist, offering wisdom, support, and a good laugh when you need it most.

The Silver Lining: Embrace the American Dream

Paying taxes might not be the highlight of your year, but hey, it means you're part of something bigger. You own a slice of the American dream, and that's worth a little paperwork and a few headaches, right?

~ Leigh Brown and your One Community Real Estate® Team
hello@leighsells.com | 
704-705-7036

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Leigh Brown

I stepped into the real estate world in 2000, joining forces with my father (Darrell Thomas) who had a successful residential real estate company. As a native of Cabarrus County, I have a thorough und....

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