January 2, 2025 - 13:00
The Dare County Tax Department is reminding property owners that a comprehensive revaluation of all real estate within the county will take effect on January 1, 2025. This process encompasses residential and commercial properties, as well as vacant land.
North Carolina law mandates that counties conduct property revaluations at least once every eight years to ensure that property values accurately reflect current market conditions. The upcoming revaluation aims to provide a fair assessment of property values, which will influence property taxes moving forward.
Property owners are encouraged to stay informed about the revaluation process and understand how it may impact their property taxes. This initiative is crucial for maintaining equitable taxation and ensuring that all property owners contribute fairly to local government revenues. As the date approaches, additional information will be provided to assist property owners in navigating the changes effectively.
