Orange County's Property Revaluation: Fairness & Accuracy

0:00Orange County, North Carolina wrapped up its full property revaluation at the start of 2025, updating all tax assessments to current. Market values as state law requires. This led to a surge in appeals from homeowners unhappy with the new numbers. The county saw 3,380 informal appeals between March 21 and April 30 followed by 1,000, 38 formal ones through July 31. Officials had anticipated higher numbers after posed COVID market booms, pushed property values way up across many areas. Residents raised concerns about unfair assessments, pointing out that some high in homes sold for much more than their appraised values while older. Neighborhoods, including historic black communities, saw values double, despite fewer recent sales. Mass appraisal methods often create these gaps, overvaluing unrenovated homes next to newer ones. To tackle this, the county formed a tax assessment work group to review processes and boost fairness. They've tested

1:01in-house appraisers from other counties and consultants while local groups held workshops and rallies to help people appeal and push. For changes, efforts continue to refine the system, aiming for more accurate and equitable taxes that reflect real market shifts without hitting certain communities harder. Local news powered by AI, this is Durham News Today. I'm Corey with The