Every five years, the Guilford County Tax Department does a complete revaluation of every house, building and piece of property in the county.
The tax department assigns a new value for the purpose of determining property tax bills for the coming five years. The department, of course, has to inform homeowners of the new values and even give some explanation of the reasoning behind them.
One interesting consequence of the process is that it allows anyone who wants to see the values and other details of any property. Anyone can use the web database with the newly assigned values to check on the updated value of any property in Guilford County – as well as view information such as new additions, renovations, square footage, number of bathrooms, etc.
Also, since searches can be done “by owner” as well as “by address,” the same website allows nosy people to see a list of all the property owned by others.
The Guilford County Tax Department recently completed its valuations for 2022, and, in late February, mailed out those values to property owners and posted all the new information online.
The county also publicized the web link for viewing values or details of any property.
While property owners could have checked before on the Tax Department’s website, the “reval” offers the current updated values and the latest information on the houses and other property – and the mass mailing of the webtool info to all property owners calls attention to the fact that anyone can check on anyone else’s property.
Those who want to find the current value or see how much property their doctor, their girlfriend or their county commissioner owns, along with the latest values, can do so at https://taxcama.guilfordcountync.gov/camapwa/
The county’s tax department staff doesn’t of course conduct a comprehensive real estate appraisal of every house or building in the county every five years, but tax staff aims to hit the actual market value of a home or business by taking into account square footage, date built, number of bathrooms, upgrades, comparable sales in the area and a lot of other information.
According to reports from Guilford County Tax Director Ben Chavis given to the Board of Commissioners over the years, the Tax Department does a very good job of hitting the actual market value. However, in the years following a revaluation, the actual market values of homes, buildings and property tends to diverge from the assigned tax values until a new reval is conducted.