Property taxes are significant for homeowners, and ensuring fair assessments can save money. This guide will help you navigate the process of appealing the tax value of your home.

If you feel that the tax value of your property is not in line with your expectations, listed below are a few steps that can help guide you to changing the tax value of your property:

1. Contact the county tax department where your property is located (Ex: Mecklenburg County, Guilford County Tax Department, Davidson County Tax Department, etc.).
2. Request a re-evaluation form from the County tax assessor within the defined county. After filling out the form, submit it to the county tax department where your property is assigned.
3. Once you have submitted the evaluation form and it has been reviewed, a tax assessor will likely come out to your property and re-assess your property.
4. If the tax assessor agrees that your property’s tax value should be changed, the Tax Department assigned to your property will mail you a new tax value based on the criteria they use when re-assessing the property.

The value of your home is important because it will determine the best way to exempt or protect your property in bankruptcy.

Property taxes are assessed yearly based on your property’s current market value. Errors in this assessment can lead to excessive property tax bills. It’s crucial to understand how assessments work and what factors influence your tax rate.

If your property’s tax value seems high, gather evidence such as recent sale prices of similar homes, current appraisals, and your property’s tax card. Ensure all property details are accurate, as mistakes can be a valid reason for an appeal.

Discover how property values are assessed and learn how to file an appeal on Kiplinger. It’s essential to file your appeal within the set deadlines and according to local guidelines. North Carolina residents can find specific procedures at the NC Department of Revenue—Property Tax Appeal Process.

After submitting your appeal, it will be reviewed, which may result in a reassessment or a formal hearing. Prepare to present your case by gathering all relevant documentation and consulting with a tax expert, if appropriate.

For specific county procedures, Guilford County residents can refer to Guilford County Real Property Appeals and Forsyth County information is available at Forsyth County Real Estate Tax Appeals. Mecklenburg County offers details on its revaluation process at Mecklenburg County Tax Revaluation. Other counties procedures can be found easily online. 

Appealing your property tax assessment can be worthwhile if you believe your property’s value is overstated. By understanding the assessment process, preparing thoroughly, and following local guidelines, you can effectively challenge your property’s tax valuation. For any questions or assistance, consider consulting with Duncan Law for expert advice.