BC Assessment, not the City, annually evaluates properties to determine their assessed value for property taxation purposes. BC Assessment uses market value to determine property values as it is widely considered to be the fairest system for distributing the property tax burden. BC Assessment has mailed the 2018 property assessments to BC homeowners, and the average increase was approximately 9 per cent.
If you don’t agree with BC Assessment’s determination of your property value, or if you would like more information on how to challenge the evaluation, please visit the BC assessment website . Remember, there is a deadline of January 31 to file an appeal with BC Assessment.
Last updated: 03/01/2018 8:35:07 AM