Charlotte Property Owner Highlights 130% Increase in Land Assessment Due to Development

August 02, 2025 | Union County, North Carolina

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Charlotte Property Owner Highlights 130% Increase in Land Assessment Due to Development

This article was created by AI using a video recording of the meeting. It summarizes the key points discussed, but for full details and context, please refer to the video of the full meeting. Link to Full Meeting

A significant discussion emerged during the Union County Board of Equalization and Review meeting on July 31, 2025, as property valuation concerns took center stage. A local resident highlighted a staggering 130% increase in the assessed value of their property, raising alarms about the implications for long-term landowners in the area.

The resident detailed their property’s history, noting that it has been cultivated for over a century and has remained in the family since 1923. They expressed concern that the recent valuation surge, which contrasts sharply with the county-wide average increase of 60-65%, could be linked to the rising demand for new home construction in the region.

Key factors affecting the property’s value were discussed, including the presence of a floodplain that limits development potential and a steep bank that restricts access. The resident emphasized that these geographical challenges should be considered when assessing property value, arguing that the current valuation does not accurately reflect the land's usability.

The meeting underscored the growing tension between rising property values driven by new developments and the realities faced by existing landowners. As Union County continues to evolve, the board's decisions on property assessments will be crucial in balancing growth with the needs of long-standing residents. The outcome of this discussion may set a precedent for future evaluations and community relations in the area.

Converted from Board of Equalization and Review | July 31, 2025 meeting on August 02, 2025
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