Dare County 2020 Revaluation
Each county in North Carolina is required to conduct a countywide property revaluation at least every 8 years, although a county may choose to revalue on less than an 8-year cycle. Dare County chose to advance the effective date from 2021 to 2020, resulting in a seven-year cycle. Dare County's last revaluation was effective January 1, 2013, and this will be effective January 1, 2020.
What is revaluation?
Revaluation is the process of updating real property values to reflect their current market value. Market value is the most probable price a property would bring in an open and competitive market.
Why is revaluation conducted?
North Carolina law requires all counties to reappraise or revalue real property at least once every eight years. The purpose is to make sure property values accurately reflect their market value so that the property tax burden is spread equitably among all property types. Dare County's previous revaluation took effect in 2013.
When will you know the new assessed value of your property?
Written notice of the 2020 assessed value will be mailed to all property owners in mid-February.
Will you be able to appeal the new assessed value?
Yes. The revaluation notice will include a mail-in appeal form, procedures for in-person appeals, and appeal deadlines. You do not need to return the revaluation notice unless you are appealing your assessment.
For More Information
Greta Skeen, County Assessor email@example.com 252.475.5940 Fax: 252.475.1699
Dare County Justice Center 962 Marshall C. Collins Drive P.O. Box 1000 Manteo, NC 27954