Assessment Increases by Area
2017 Versus 2016
If your % increase in value is greater than the average, you may be over assessed and an appeal merited. However, it is very important to make sure the assessment is not too low before appealing. BCA can increase values. Nor does “no increase” mean your assessment is correct, as it may well have been wrong the previous year.
Assessed value often does not equal market value as BC Assessment do mass appraisals, that may not have taken the particular features of your property into consideration.
But, of utmost importance, your property assessment needs to be equitable with your neighbor’s and that may be below market value.
If your assessment increased by a greater % than the average, then your assessment could be too high. Call us to discuss a review of your assessment.
Jurisdiction |
Business |
Residential |
|
Jurisdiction |
|
Business |
|
Residential |
||
% |
% |
|
|
|
% |
|
% |
|||
Abbotsford |
11.97 |
28.09 |
Nelson |
|
3.25 |
|
7.81 |
|||
Burnaby |
17.01 |
30.72 |
New Westminster |
|
13.8 |
|
28.48 |
|||
Coquitlam |
16.52 |
32.91 |
North Van (City) |
|
16.12 |
|
34.19 |
|||
Cranbrook |
2.85 |
. |
0.78 |
North Van (District) |
|
19.2 |
|
36.02 |
||
Dawson Creek |
. |
-0.14 |
-2.21 |
Penticton |
|
4.29 |
|
6.51 |
||
Delta (Annacis) |
17.89 |
41.89 |
Port Coquitlam |
|
9.77 |
|
33.86 |
|||
Fort St. John |
-2.27 |
-4.07 |
Port Moody |
|
31.49 |
|
15.69 |
|||
Kamloops |
5.84 |
4.39 |
Prince George |
|
0.82 |
|
5.98 |
|||
Kelowna (214) |
6.74 |
13.47 |
Prince Rupert |
|
3.62 |
|
5.69 |
|||
Kelowna (217) |
|
6.13 |
|
10.25 |
Richmond |
|
21.30 |
|
34.68 |
|
Kitimat |
11.47 |
-4.18 |
Surrey |
|
18.24 |
|
36.26 |
|||
Langley (City) |
11.97 |
28.09 |
Vancouver |
|
23.80 |
|
30.62 |
|||
Langley (Twp.) |
12.06 |
35.61 |
Vernon |
|
5.56 |
|
5.73 |
|||
MacKenzie |
4.36 |
5.11 |
Victoria |
|
9.37 |
|
20.27 |
|||
Maple Ridge |
11.94 |
35.32 |
Whistler |
|
14.62 |
|
20.27 |
|||
Nanaimo |
|
9.48 |
|
13.68 |
West Vancouver |
|
19.69 |
|
30.23 |
Publications
- Property Assessments - What To Anticipate In 2025
- 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