Condos complicate revaluation process, Mecklenburg revaluation manager says
Published: February 7, 2011
Time posted: 5:18 pm
Tags: Chuck Hicks
While most Mecklenburg County homeowners will receive their property revaluation notices this week, condominium owners will have to wait until at least early March.
Chuck Hicks, the county’s property appraisal manger, said the reason for the delay is that the AssessPro software the county uses to assess individual properties can’t be applied to condos.
The software has an application called GIS Viewer, Hicks said. It allows an appraiser to pull up a neighborhood map, over which the appraiser can overlay all the relevant sales information from the neighborhood and then make changes to the assessed value of each parcel to reflect recent sales activity. But Hicks said the county’s land records department assigns one parcel of land to an entire condo development.
“Each condo has its own account, and they don’t display in a spatial manner that lends itself to using the GIS Viewer,” he said.
Instead, Hicks said, his staff has to research each individual condo and using a cumbersome technique called “copy data,” cross referencing recent sales and assessments until they’re satisfied with the value estimate.
Hick said his staff was only about halfway through assessing condos when it came time to mail revaluation notices, which go out today.
“So we just decided to hold off until we can send all the condo assessments at one time,” he said.
Sam Boykin can be reached at firstname.lastname@example.org.