Help with Comparable Properties Search
The Comparable Properties tool can be used to find properties of similar location, type and size. By entering information about your property you can see how the tax value compares to others. The following example explains how this works, and
tips for using the search are listed below.
The example home was built in 1967 in Brookwood Acres. It is a ranch style home with 1340 square feet, not including the basement. The Notice of Real Estate Reappraisal mailed out lists the value of the house as $86,980 and total property value is $102,980.
To check for comparable properties, begin by selecting a location. You can choose Brookwood Acres from the dropdown list or enter the Neighborhood Code found on the Notice of Real Estate Reappraisal.
The Improvement Type is set to Site-Built Homes and is correct for this example. Choose Ranch from the Style drop-down list and Any Basement from the Basement list. The Square Feet is chosen by entering a range that would include the living area of the house, and for this example enter from 1300 to 1400 in the proper fields. Year Built works the same way, and the example will include homes built from 1960 to 1970 by entering just the four digit year.
Click the Find Properties button to start the search. This may take a few minutes depending on your connection. A new window will appear with details about the comparable properties. For the example, eight records are shown with photos, owner information and sales. The homes are valued from $81,000 to $100,000, based on size, age and condition. The total values range from $97,000 to $122,000 and can include extra features such as outbuildings or swimming pools.
To view all the information about any of the properties shown click on the red PIN located at the top right corner of the record. This will show more details about the property along with any additional photos available. To return to the previous list click the Records Found button at the bottom of the page.
Use the results of the search to see how the example house
and values compare to other of the same type.
Location, type, size, age and condition all contribute to the value of
the houses and all must be considered.
The example house is not real, but is made up from features
existing in homes in that neighborhood.
Notes and Tips
Location is an important part in determining property
value. For best results narrow your search
by choosing a location.
If the Vacant box is checked only vacant properties will be
selected and the improvement fields will be ignored.
Properties that border Lake Norman are valued differently than
interior lots, so be sure to select the proper Lakefront choice.
For rural properties use the Acres fields to narrow your
search.
If the Sale Price or Sale Date fields are used, only
properties with available sales information will be returned. Leave these fields blank for most searches.
Improvement Type is essential to determining property value
so be sure to make the proper selection.
The Style choices are for residential properties only.
Use only four-digit years (i.e. 1998) in Year Built and Sale
Date fields.
For ranged fields, both do not have to be filled. For instance, entering 2002 in the Year Built
From field and leaving the To field blank will return all improvements built in
2002 and later.