BC Assessment reports came out in early January.
Just note, the assessed property values released have increased on average across Greater Vancouver and these values simply don't match up with today's property market values as the data collected is from July of the previous year.
Regardless of the type of home you're in, you may find errors in these assessed values especially if your home is renovated, has unique features or views. For example, in a condo building, compare two similar sized units but one with an oversized storage room and parking spot and the other with no parking or storage. What you may find is two homes with the same assessed value. You and I already know, that that's not right.
Here's a remedy.
You can file an appeal to BC Assessment if you feel that your property's assessed value does not add up. For different reasons, homeowners may file an appeal to either increase or decrease their property's assessed value.
You have until January 31st to do so..
Contact me to find out the ACTUAL MARKET VALUE of your home today!
Cari Mai PREC*