Wake County commissioners adopted the rules setting 2027 values for 460,000-plus properties Oct. 19. Notices arrive by Jan. 22; appeals run to April 30.
The Wake County Board of Commissioners has adopted the rules that will set new values for every home and business in the county. The board approved the Schedule of Values for the 2027 revaluation at its Oct. 19 meeting.
Updated Oct. 31: The board adopted the Schedule of Values on its consent agenda Oct. 19, the county’s Oct. 19 meeting highlights said. Consent items pass together on one motion. The county’s revaluation page says notices of assessed value start reaching owners by Jan. 22, 2027, and the planned deadline to appeal your own value to the Board of Equalization and Review is April 30, 2027.
The public hearing on the schedule was held at the board’s Oct. 5 meeting in the Board Chambers at the Wake County Justice Center in downtown Raleigh. The schedule comes from the county’s Sept. 21 meeting highlights. The agenda is on the county’s meeting calendar.
What the Schedule of Values is
The Schedule of Values sets out how county appraisers work out the market value of more than 460,000 residential and commercial properties. The county said so in its Sept. 21 release on the revaluation. State law requires the tax administrator to prepare it before each countywide revaluation. Commissioners must approve it before it takes effect.
The new values will reflect market conditions as of Jan. 1, 2027. The county has moved off a four-year cycle. After 2027, revaluations will happen every two years, starting in 2029.
The county describes three main steps in the appraisal work:
- Neighborhooding: grouping properties with shared features, such as age, style and construction quality, because they tend to move together in the market
- Land and building pricing: studying recent sales to set current values and measure how size and condition affect them
- Field and office review: staff visit every property built before 2000 in person and review the rest in the office
Key dates
| Date | Step |
|---|---|
| Sept. 21, 2026 | Schedule of Values submitted to the board |
| Oct. 5 | Public hearing on the Schedule of Values |
| Oct. 19 | Board adopted it |
| Nov. 17 | Last day to appeal the schedule to the State Property Tax Commission |
| Jan. 1, 2027 | New values take effect, reflecting the market on that date |
| Jan. 19, 2027 | Results presented to the board |
| By Jan. 22, 2027 | Owners start receiving notices of assessed value |
| April 30, 2027 | Planned deadline to appeal your value to the Board of Equalization and Review |
The county set these dates in its meeting highlights and its revaluation release, with the later dates from its revaluation page.
What the county says
“We understand that a property revaluation can be a stressful process for many residents,” Wake County Tax Administrator Marcus Kinrade said in the county’s release. “By updating values more often, the County’s assessed value will more closely align with market value and create a fairer, more predictable property tax system.”
What it means for you
- Revaluation does not set your tax rate. Your bill is your assessed value times the rate set by elected county and city officials, per $100 of value. In Raleigh that means both the Board of Commissioners and the City Council.
- The adopted schedule is the method, not your own home’s number. The county said notices of assessed value start arriving by Jan. 22, 2027, with instructions on how to appeal. The planned deadline to appeal your own value is April 30, 2027.
- Questions now: the county runs a revaluation call center at 919-857-3800, by email at revaluation@wake.gov and online at taxhelp.wake.gov. FAQs, timelines and a video are at wake.gov/revaluation.
Recent sales in Raleigh are in our weekly real estate transfers column.
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