As I am sure you have heard by now, Mecklenburg County is conducting its first Tax Revaluation since 2003. The County had originally planned to revaluate in 2009, but decided to put off the process due to area's economic downturn. You've probably been thinking to yourself, "what's so different about the economy this year?" and, "why now?". The answer is simple. Mecklenburg has simply run outÂ of time. North Carolina law dictates that each county perform a tax revaluation every 8 years. The lastÂ revaluation for Mecklenburg was 2003. You do the math.
So who is in charge here?Â County Assessors office is mandated with performingÂ the appraisals that will determine the new property values. The Revaluationteam consists of 7 professional appraisers and a manager,Â with140 years of combined experience in the appraisal field.Â Team members areÂ charged with, not only appraising all residential properties in the County, but also all the commercial properties in the CountyÂ as well! All members of the team are certified in real estate appraisal by the North Carolina Department of Revenue. You can feel good that theseÂ folks really know what they are doing!
Now, if you have ever bought real estate with a mortgage, you are probably aware that an appraisal was conducted to determine the value of your new home, or commercial property.Â YouÂ may alsoÂ remember waiting aÂ week or two to get the results back. Right? You're probably now thinking, "If it took one appraiser a week to appraise my one property, how in the heck can a team of only 7 appraisers possibly appraise thousands and thousands of residential AND commercial properties in a matter of a weeks?"
The answer, my friends, is technology. What took 24 or so appraisers to accomplish in 2003 canÂ now be done by a mere 7, and in less time! The number of man hours saved is astounding. The Assessors office now has at its disposal some very cool tools, such as GIS computer assisted mass appraisal systems and oblique photography to enable this team of professionals to not only get the job done more quickly, but a lot more accurately too
No idea what I'm talking about?Hey, I had never even heard of oblique photography until I watched the Assesors Office'sÂ video about Mass Appraisals on the County's website. Very interesting stuff! Click below and you can watch & learn too!
IMPORTANT NOTE: The January 10th Revaluation Meeting for District 1, has been RESCHEDULED for January 18: 6:30-8:30 p.m. Tuesday, Cornelius Town Hall community room, 21445 Catawba Ave., Cornelius.Â