County reassures taxpayers amid property value increases and reappraisal process

In the heart of Wayne County, North Carolina, the Wayne County Board of Commissioners convened on April 15, 2025, to address pressing concerns following a recent property reappraisal. The atmosphere was charged with a mix of apprehension and curiosity as officials discussed the implications of rising property values on local taxpayers.

The meeting opened with a commendation for the county staff's efforts during the revaluation process. Officials noted that while property values have surged, the increase reflects the current market dynamics. "Yes, stuff went up, but the market is there," one commissioner remarked, emphasizing the necessity of the reappraisal to align property assessments with actual market conditions.

As notices of the new valuations were sent out three weeks prior, the board has been fielding inquiries from concerned residents. Many taxpayers expressed anxiety over potential spikes in their tax bills, with fears that their payments could double or triple. However, officials reassured the public that they are committed to working closely with city councils to mitigate these increases. "There is room for some reduction," one commissioner stated, though the exact figures remain uncertain.

The board reported a relatively low number of informal appeals—around 380—indicating that many residents may have been better informed about their property values, thanks to online resources like Zillow. The appeal process is still open, allowing residents to contest their assessments until May 20, when the board will adjourn to finalize the evaluations.

Discussions also highlighted the unpredictable nature of property values, with some homes seeing increases due to market demand. "It's just amazing," one commissioner noted, reflecting on the robust real estate activity despite rising interest rates. The board acknowledged that while no one enjoys paying higher taxes, the appreciation in property values can be seen as a positive return on investment.

As the meeting drew to a close, officials reiterated their commitment to transparency and fairness in the reappraisal process. They encouraged residents to voice their concerns and utilize the appeal system if they believe their assessments are inaccurate. The board's proactive approach aims to ensure that the community remains informed and engaged as they navigate the complexities of property taxation in a changing market.