Appealing Your Property Assessments
Prior to appealing an assessment an owner needs to be aware of the following:
- Large % increase does not necessarily merit an appeal. It may have been too low before.
- Do not appeal without checking that assessed value is not too low.
- BCA can increase assessments once an appeal is lodged.
- Non receipt of notice is NOT an excuse for appealing late.
- “No increase” or “decrease” does not necessarily mean the assessment is correct.
- The value could be correct, BUT inequitable with your neighbours.
- BCA do MASS appraisal and do not always account for the positives and negatives of your property.
- Assessed value does not necessarily equal market value or sale price.
- If you miss the January 31st deadline you cannot appeal until next year.
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?