Delaware: Preparing for New Castle County’s First Property Revaluation in More Than 40 Years
Kurt Lieberman, Principal 215.253.6676 | kurt.lieberman@ryan.com
New Castle County, Delaware, is scheduled to undertake a thorough property revaluation in spring 2025, representing the first countywide reassessment in more than four decades. Property owners can expect to receive their assessment notices by year-end, with a deadline for appeals set for March 2025. Given the lengthy gap since the last assessment, significant increases in property values are likely. It’s crucial to carefully review your property tax assessment notice promptly upon receipt. Delaying or overlooking this process could lead to an unexpected rise in your property taxes for 2025, potentially affecting your standing in the market. To ensure you’re prepared for changes, it’s best to act without delay.
Our team of seasoned professionals is here to help you assess your evaluation and develop a thorough appeal strategy if needed. Taking this proactive approach will safeguard your property interests and enhance your competitive position in the market. Don’t wait until it’s too late—reach out to us today to make sure you’re ready for the upcoming appeal deadline and any potential adjustments to your property taxes.