2024 Reassessment: What To Expect
Real property owners in Horry County can expect a few things to happen in a reassessment year.
Certified Horry County appraisers or listers may visit your property. It will be clear that they are county employees, wearing County logos, possessing their County employee ID, and driving county vehicles. They do not need to enter the home to complete their evaluation.
If your property’s assessed value increases by more than $1,000, you can expect to see an assessment notice in the mail during Summer 2024. We ask that you review these notices carefully, as the assessed value directly affects the amount of taxes you may owe. You will have 90 days from the notice date to appeal.
Please note: any increase in the Taxable Value of real property, like your home, is limited to 15% within 5 years, regardless of how much the Fair Market Value as determined by the Assessor grows. However, that limit does not apply to the fair market value of additions or improvements, or assessable transfer of interest (meaning the property was transferred to a new owner. New owners of the property would pay taxes based on the property’s worth at the last date of the previous year).
You can expect to see your property tax bill in early Fall. If you did not receive an assessment notice in the summer, you will have until the payment deadline in January to appeal your property tax bill. All appeals are processed in the order they are received.
IMPORTANT: Homeowners, if you are a permanent resident (meaning you live in your property full time), remember to apply for the ‘legal residence’ or ‘homestead’ exemptions as soon as you acquire the property. You should plan to apply anytime you purchase and move into a different property. This helps ensure your taxes will be at the appropriate rate and limits delays in acquiring the special tax assessment rate. If you already qualify for the property you currently live at, you do not need to reapply. Veterans can apply for particular exemptions at the state level through SCDOR. You can find the links to apply for the legal residence or homestead exemption online at https://www.horrycountysc.gov/tax-payer-services/.
If you have any questions, please reach out to the Assessor’s Office at 843-915-5040 or email hcg.assessor@horrycountysc.gov.