Bladen County Property Values Rise Following State-Mandated Reassessment
Bladen County property values have increased, leaving some residents with appraisals more than twice what they were before.
Property values in Bladen County have skyrocketed. Some residents now face appraisals more than twice what they were before. The North Carolina Department of Revenue required the county to conduct an early appraisal to determine fair market value as of Jan. 1
Piner Appraisal Inc. conducted the reappraisal after state officials determined rising property values necessitated the early assessment. The county's last revaluation came in 2022. North Carolina law requires real estate to be appraised at market value every eight years.
"Any time people get a notice, they want to know what's going on," Bladen County manager Sam Croom said, according to the Bladen Journal. "They're seeing their values increase dramatically in some cases, and they do want to be heard."
Property owners who believe their assessment is incorrect can file an appeal within 30 days of receiving their notice. Residents can appeal if they suspect the value is different than the actual fair market value or if the assessed value is inconsistent with similar properties.
An informal appeal hearing will be scheduled first to determine if changes should be made. Property owners who disagree with that decision can then file an appeal with the Board of Equalization & Review.
County commissioners will adopt a budget and set the tax rate once property values have been finalized. The deadline is July 1.
