Real Estate News

Take our poll: How concerned are you about upcoming revaluation?

Construction continues on townhomes in the Six Twenty subdivision along East Woodland Road in Charlotte’s Collingwood neighborhood on Monday, July 25, 2022.
Construction continues on townhomes in the Six Twenty subdivision along East Woodland Road in Charlotte’s Collingwood neighborhood on Monday, July 25, 2022. alslitz@charlotteobserver.com

For property owners, revaluation will make a huge impact on your household finances.

Property assessment is taking place right now, and by late January, county taxpayers can expect a notice in the mail detailing their 2023 real estate assessed value. And by next spring, county commissioners, Charlotte City Council and surrounding towns will use this new appraisal information to help set tax rates that go into determining your property tax bill.

How worried are you about an increase in the value of your home affecting your taxes? Take our poll below.

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