2022 Property Assessment Value Changes

The chart below details the average % difference in the value change for each class between July 2020 and July 2021, in BC Assessment’s opinion. Note that the assessed value for 2022 is the value at July 2021. Class 06 includes industrial land and property, which has gone up significantly. Hence, office and retail may well have gone down more than the indicated %., or up less.

Please contact us if you have any questions regarding your assessments or wish us to review your property.

Publications

• Additional School Tax (AST) APPEALS UPDATE
• Effect of Consolidation on Property Taxes
• 2024 Property Assessment Value Changes
• Potential Property Tax Relief For Local Businesses
• Reasons For Landlords To Appeal Their Property Assessments
• Developers need to Appeal the Additional School Tax (AST)
• Misconceptions within the Property Assessment Process
• Additional School Tax Exemption for Developers
• Minimizing Property Tax on Development Land
• Assessment Of Residential Sites Under Construction
• Should Homebuilders Be Paying Additional School Tax?
• Vancouver Vacancy Tax
• Resolving Disputes - A New Approach
• Opportunities for Brokers
• How are School Taxes Calculated? | doc