What is reappraisal?

Reappraisal is a process where all property (land and buildings) within a taxing jurisdiction (in this case Gaston County) is reappraised to its current market value as of an established date. North Carolina law requires all counties to conduct a property reappraisal at least every eight years to determine market value. 

Show All Answers

1. What is reappraisal?
2. How are properties assessed?
3. Why is Gaston County reappraising properties?
4. What is the benefit of reappraisal?
5. What is Market Value?
6. How does reappraisal affect my taxes?
7. Who assesses my property? How are they trained?
8. Does reappraisal cause gentrification?
9. Is Gaston County inflating property values to raise money?
10. Does Gaston County conduct a reappraisal only at the peak of the market?