Revaluation staff are responsible for a assessing and appraising all real property and improvements (residential, commercial and industrial) as prescribed by statute.

All counties must conduct a countywide revaluation at least once every eight years. Davie County has recently performed one every four years. To appraise thousands of properties (Davie County has approximately 24,000 parcels) counties must use mass appraisal. Values are based on the cost approach, the market approach and the income approach and properties must be appraised at 100% of market value as defined in NCGS 105-283.

To ensure that taxpayers are treated fairly and property is assessed by the same measurement as other similar properties in comparable locations, statue requires a county to establish what is known as a "Schedule of Values". That scheduled is then used to appraise all real property and its improvements countywide the year it is adopted known as the "Reval" year and as needed (new construction, demolition, land splits, land combinations, zoning changes, best and highest use changes, etc) until the county determines a new schedule is needed or 8 years, whichever comes first.