Property Assessment Appeals
Each year BC Assessment provides a value for each property for use in the determination of property tax for the municipalities and determines which class the property falls into.
Property Taxes are determined by multiplying the tax rate by the assessed value. Tax rates vary according to their use or class.
If you disagree with BCA’s valuation or classification an appeal must be lodged with BC Assessment by January 31st in any year.
BCA conduct mass appraisal. There are several reasons why the assessed value may be incorrect. BCA may have:
- not been aware of particular features of a property (low ceiling area).
- incorrect data for the property (building size).
- used incorrect components in the valuation.
- compared the property with the wrong comparables.
- incorrectly classified the property.
Further information can be found by clicking on the links on the right hand side of the page.
Property Assessment
Should I Appeal?
- Is Your Property Assessment Correct?
- Are You Paying Too Much Property Tax?
- What Can We Do For You?
- General Assessment Review Guideliness
- Assessment Review Checklist
- 7 Reason Why Landlords and Property Managers Should Review Property Assessments
- What Tenants Ought to Know
- Residential Development Sites
- Is Assessed Value Equal to Market Value?