GUILFORD COUNTY, N.C. (WGHP) — Guilford County business owners are shocked and worried after seeing their new commercial property values.
Guilford County homeowners likely remember opening property value reappraisals and seeing a major increase, meaning more taxes.
Two local business owners said they hope it won’t put them out of business and they are going to appeal. But if nothing changes, they will be facing some tough decisions about if their work can continue, and if they can sustain all their employees.
Guilford County reassesses property values for 2026; here’s what you need to know
Went up About 80%
“I was shocked, obviously, with our property, my business went up about 80%,” Mike Perdue, owner of Thrifty Appliances, said…