CHARLOTTE, NC (WBTV) - Mecklenburg County says many local properties are worth more now than just a few years ago.
In some cases, a whole lot more. The average home value will rise by about eight-percent.
Meaning, if your home was valued at $150,000 last time, it's now valued at $162,000. And many neighborhoods have seen double-digit increases in home values.
When home values significantly increase, property taxes are likely to follow.
It's a double-edged sword you want your home to be worth more but not when county assessors are putting a value on your property.
The median increase in home values is 6-to-8 percent, half will be above that half will be lower.