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Looking ahead: Commercial property values expected to rise in revaluation (access required)

By Deon Roberts, editor
Published: February 22,2011

It’s anyone’s guess as to what the results of the county’s 2011 revaluation of commercial properties will be. Property owners won’t receive the new values until March. In the meantime, those involved in the revaluation say it’s likely that overall values will be higher than in 2003, when the county’s last revaluation took place. “I [...]


County takes new approach to measuring commercial property values (access required)

By Deon Roberts, editor
Published: February 22,2011

Some in the real estate industry are big fans of it. Others have questions and suspicions. In a new move for Mecklenburg County’s assessor’s office, commercial properties that are being reassessed for 2011 property tax values will have an income-based calculation applied to them. From the perspective of Chuck Hicks, the revaluation manager for the [...]