Property Revaluation 2026

At a glance

  • What: City-wide property revaluation (Full Measure & List, CIP #639) through Vision Government Solutions. Completion target August 1, 2026. Preliminary assessment notices mailed ~June 22, 2026. Tax rate adjusts to overall budget; assessed value increases do not directly translate to proportional tax increases.
  • Where it stands: Third schedule revision completed (due to staffing/weather delays). Residential valuations underway with favorable preliminary results. Commercial/industrial properties next. Appeals/informal hearings process in place (in-person, phone, online). Tax bills issued after tax rate set (late Oct/early Nov).
  • Concerns: Public anxiety about impacts on manufactured housing, condominiums, multifamily units, apartments. Significant increase in assessment appeals anticipated.

The project

City-wide property value reassessment. Completed on staggered schedule:

  • Residential: under review, two rounds of analysis, preliminary results favorable, strong statistical indicators
  • Commercial/industrial: deliberately delayed; analysis to begin shortly, expected rapid progress
  • Sales data: significant volume available, supporting accuracy and reliability

Schedule: Third revision due to staffing and weather delays. Final figures August 1, 2026.

Assessment notices: Distributed ~June 22, 2026. Property owners review and may request informal hearings if:

  • Property information inaccurate
  • Additional information should be considered (condition, structural changes, finished/unfinished areas, additions, garages, pools, sheds)

Hearing options: In-person, telephone, online scheduling. Inspections may be conducted to verify information.

Inspection practices: Interior inspections conducted when possible. Concord's inspection rate historically exceeds industry standards.

Council discussion (June 8, 2026)

Impact concerns: Long discussion focused on potential impacts on property owners. Mayor Champlin, LeBrun, John Rice (Director of Assessing), Joe Devarenne (Deputy Assessor), and Wayland addressed:

  • Assessed value vs. tax impact: Rice explained assessed value increases do not directly translate to equivalent tax increases. Tax rate is adjusted based on overall tax base and municipal budget. Some property owners may see increases; others may see little change or even decreases depending on how individual values change relative to citywide average.

  • Manufactured housing: Individual manufactured homes assessed as residential properties. Underlying land in manufactured housing parks assessed separately as commercial property.

  • Tax exemptions: Filing periods vary by program. Tax Exemption Policy Committee will review elderly exemption levels to ensure alignment with current value trends before tax bills issued.

  • Public information: Assessment information is public record. Updated property values for all types available through city revaluation webpage and Vision Government Solutions online database (~June 22, 2026). Website includes sales data used in valuation process.

  • Appeals: Significant increase in assessment appeals anticipated due to magnitude of valuation changes. LeBrun advised revised assessments reflected in tax bills after tax rate setting, typically late Oct/early Nov.

Sources

Log

2026-06-08 - City Council

Director of Assessing Rice and Vision Government Solutions project manager Wayland presented full measure and list revaluation status update. Third schedule revision; staffing/weather delays addressed. Completion August 1, 2026. Residential valuations favorable through two rounds. Preliminary assessment notices June 22. Extensive Council discussion on impacts to manufactured housing, condos, multifamily units. Rice explained tax rate adjustment mechanism and exemptions review process. Appeals process details shared: in-person, phone, online hearing options available.

Last modified 2026-11-10