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North Carolina Real Estate Q&A Discussion Forum

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Will King
  • New York, NY
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Property reassessed - should I fight? how?

Will King
  • New York, NY
Posted Mar 6 2017, 08:29

Hi, all,

My rental in Wilmington was just reassessed. I looked at Zillow and all of the recently sold properties in the neighborhood have gone for significantly less than the reassessment. Should I fight it? I feel like based on the recently solds in the area, the assessment is about thirty thousand high.

On the appeal form, you have to state whether the property is a rental or my home. Do I risk triggering some tax or unforeseen consequence by filling out this form?

Thanks!

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