Assessed Value vs Market Value BC: Calculating Home Value | Bridgewell
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Property Tax Assessed Value vs Market Value Difference Explained
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2.6K views · 4 comments | You've received your property tax statement...
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📣 Guilford County 2026 Reappraisal — What Homeowners Should Know 🏡 Why it’s happening ⬇️ • NC requires countywide reappraisals at least every 8 years ⏱️ • Guilford uses shorter cycles to avoid “sticker shock” • Triggered when values drift from market (sales ratio 115%) 📊 Key terms 🧾 • Assessed Value = county’s estimate for tax purposes • Sales Ratio = assessed value ÷ sale price • Goal: values within ~±5% of market value What to expect 📬 • ~222,000 reassessment notices expected (starting ~2
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