The Guilford County tax director has reported that 75% of all properties have increased in value as a result of the 2017 revaluation, according to an article in the Greensboro News. This compares to 46% of the properties increasing in value during the last revaluation in 2012. No indication was given as to the extent of the valuation increases. Some counties, such as Buncombe County, have seen substantial increases in value in their 2017 revaluation.
Guilford County has moved from its historic practice of revaluing every 8 years to a 5-year-cycle. Revaluation notices were mailed to Guilford County property owners on February 17. If you have property in Guilford County and have not seen your revaluation notice as yet, you should reach out to the tax office to get a copy.
Finally, the revaluation notices give the owner 30 days to appeal the value, known as the "informal appeal." It is not a legally required step. If you fail to file an informal appeal within 30 days of the revaluation notice, you have not lost your appeal rights. The real deadline for any appeal is the deadline to file an appeal with the Guilford County Board of Equalization and Review, which is May 31. If you want to appeal your property value, you must file an appeal by that date in order to preserve your rights.