BC Assessment releases latest property value assessments
Posted December 30, 2023 8:46 pm.
BC Assessment released the latest data on property values in the province Saturday.
The organization says the information is based on property values as of July 1, 2023, and assessment values may not reflect changes in property values that have happened since then.
Data about year-over-year assessment trends will not be available until Jan. 2, BC Assessment says, but homeowners can take a look at the value of their homes now.
BC Assessment warns that it’s likely many property owners will have higher assessments than last year, but that doesn’t necessarily mean property tax bills will be affected.
Official statements will be mailed out in January.
Property owners have until Jan. 31 to request a formal review if they disagree with the values on their assessment.
With files from Cole Schisler.
