2025 IS A REAPPRAISAL YEAR

Q: Will my taxes go up automatically?
A: The reappraised value is set as of January 1. Every year, the Forsyth County manager proposes a budget that includes annual tax rates. The county commissioners are responsible for reviewing and ultimately ratifying the county’s budget. There are public hearings on the budget. State law requires counties to approve a budget before June 30. Tax rates usually increase. If your tax value increases and the tax rate stays the same or increases, your taxes will go up.

Q: Will my tax value go up even if I haven’t made any changes to the property?
A: Most likely, yes. Market value has increased over the last 8 years.

Q: How does the tax assessor decide how much my house is worth?
A: They use sales data to determine “Market value”. *Market value is defined as the price at which the property would change hands between a willing and financially able buyer and a willing seller, neither being under any compulsion to buy or to sell and both having reasonable knowledge of all the uses to which the property is adapted and for which it is capable of being used.

Q: If there have been changes made to the property over the last 8 years, how does the county know about them?
A: Either the owner submitted a form to alert the tax assessor to improvements made to the property, or there have been changes made to the real property as evidenced by the building permit.

Q: What if I don’t agree with the value?
A: Homeowners have the right to submit a written appeal to THE FORSYTH COUNTY BOARD OF EQUALIZATION AND REVIEW. There will be a 2025 appeal form available. Appeals are due by June 30th.

Q: Why would an appeal be successful?
A: You recently purchased the home for less than the appraised value, or you can show recent comparable sales which clearly prove a lower value.

Q: How does the tax assessor decide how much my house is worth?
A: They use sales data to determine “Market value”. *Market value is defined as the price at which the property would change hands between a willing and financially able buyer and a willing seller, neither being under any compulsion to buy or to sell and both having reasonable knowledge of all the uses to which the property is adapted and for which it is capable of being used.