21/03/2024
Marcus Kinrade, a Wake County Tax Administration representative spoke in our office this week. He mainly spoke to their process regarding the recent reevaluations of property value.
Heres a few things that struck me:
- Wake county has more parcels (over 427k) than any other county in the state, and with 88k acres of farming this number with continue to grow
- overall property value increased over 95 billion
- The number(%) of appeals this year is DOWN!
- There is still time to make a formal appeal (until May 15)
- county site to look at comps: https://nc-wake-comparablesales.comper.info/
- atleast, homeowners should check for errors in the county's assesment (square footage, # bedrooms,acreage,etc.)
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