CARTHAGE, N.C. — Moore County is preparing for its 2027 property revaluation, a process that will establish updated values for more than 76,600 parcels across the county.
Tax Administrator Gary Briggs recently briefed the Moore County Board of Commissioners on the process. The first major step involves adopting a “schedule of values,” a detailed document explaining the methods and procedures appraisers will use to determine the market value of residential, commercial and other real estate.
Commissioners have scheduled a public hearing on the proposed schedule for Tuesday, September 15. The meeting will begin at 5:30 p.m. inside the historic Moore County Courthouse in Carthage. The board is expected to consider approving the document during its October 6 meeting.
North Carolina law requires counties to conduct property revaluations at least once every eight years. Moore County completes the process every four years to reduce the potential for dramatic changes caused by longer periods between assessments.
County appraisers will examine property sales and neighborhood market activity while using recognized cost, sales-comparison and income-based approaches to determine updated values.
Moore County’s most recent revaluation took effect in 2023, when property values increased by an average of approximately 50 percent. Values increased by an average of 8 percent in 2019 and decreased by approximately 2 percent during the 2015 revaluation.
The upcoming revaluation is expected to take effect in early February 2027. Notices containing the updated assessed values will then be mailed to property owners later that month.
Source: Information and reporting from The Pilot.
