2023 Brunswick County Reappraisal FAQ
All the information you could ever hope to know about the 2023 Brunswick County Reappraisal. If you have a question that isn’t answered below please call us at (910) 253-2811.
2023 Schedule of Values – Submitted to Board of County Commissioners 9/19/2022
WHAT IS A REAPPRAISAL AND WHY HAVE ONE?
Reappraisal is a process in which all real estate values are assessed at their market value as of a specific date. The purpose of a Reappraisal is to provide equalization among all types of properties. North Carolina General Statutes require each county to conduct a Reappraisal at least once every eight years. Brunswick County conducts a Reappraisal every four years. The last Reappraisal was effective January 1, 2019.
WHEN IS THE NEXT REAPPRAISAL IN BRUNSWICK COUNTY?
The next County-wide reappraisal for Brunswick County is effective January 1, 2023.
WHAT IS MARKET VALUE?
Market value is defined as “the price estimated in terms of money at which the property would change hands between a willing and financially able buyer and a willing seller, neither being under any compulsion to buy or to sell and both having reasonable knowledge of all the uses to which the property is adapted and for which it is capable of being used.”
WHEN WILL I RECEIVE MY REAPPRAISAL NOTICE OF ASSESSED VALUE?
Unless there is a change to your property that affects it’s value, your next Reappraisal Notice won’t be until early 2023.
WHAT IF I HAVE QUESTIONS ABOUT MY NEW VALUE?
You may be able to find the answer to your question by reviewing your tax record. Visit this page to locate your property record. If you still have questions you may call us at (910) 253-2829, Monday through Friday 8:30 am – 5 pm and we’d be happy to assist you.
WHAT IF I DISAGREE WITH MY VALUE?
You can submit an appeal to our office. You may do this online, by mail or in-person. Call for more details (910) 253-2829
WHAT ARE VALID REASONS TO APPEAL MY VALUE?
- Property value is significantly higher or lower than its actual fair market value as of January 1, 2023.
- Property value is inconsistent with the values of similar properties.
WHAT ARE INVALID REASONS TO APPEAL MY VALUE?
- Percentage Increase or Decrease from the previous assessed value.
- Percentage Increase or Decrease as compared to any area’s average increase or decrease (county, region, area, neighborhood, etc…)
- Your financial ability to pay any anticipated tax. (Note: An increase or decrease in value does not mean you will pay more or less taxes.)
