Courtesy of the BC Assessment Authority:
In the next few days, owners of more than 245,000 properties throughout northern British Columbia can expect to receive their 2016 assessment notices, which reflect market value as of July 1, 2015.
“The majority of residential home owners within the region can expect a slight increase, compared to last year’s assessment,” says Deputy Assessor David Keough. “Most home owners in the Northern BC region will see changes in the 0% to +10% range. However, there are some home owners that will see an increase higher then 10% while others will see a decrease, such as in the communities of Fraser Lake, Granisle and Tumbler Ridge.”
Commercial and Light Industrial property owners in the region will see a similar increase in the range of 0 to +10%.
Overall, the Northern BC region’s total assessments increased from $57.3 billion in 2015 to $59.5 billion this year. A total of almost $1.4 billion of the region’s updated assessments is from new construction, subdivisions and rezoning of properties.
BC Assessment’s Northern BC region encompasses approximately 70% of the province stretching east to the Alberta border, north to the Yukon border, west to Bella Coola including Haidi Gwaii and ending just north of Clinton.
A full listing of communities property assessments - 2016 vs 2015 can be viewed here
Of note, BC Assessment has launched a newly-enhanced website at bcassessment.ca that includes more details about 2016 assessments, property information and trends such as lists of 2016’s top most valuable residential properties across the province. The website also provides self-service access to the free online e-valueBC service that allows anyone to search, check and compare 2016 property assessments anywhere in the province.
“Property owners can find a lot of information on our website including answers to many assessment-related questions, but those who feel that their property assessment does not reflect market value as of July 1, 2015 or see incorrect information on their notice, should contact BC Assessment as indicated on their notice as soon as possible in January,” says Keogh.
“If a property owner is still concerned about their assessment after speaking to one of our appraisers, they may submit a Notice of Complaint (Appeal) by February 1, for an independent review by a Property Assessment Review Panel,” adds Keogh.
The Property Assessment Review Panels, independent of BC Assessment, are appointed annually by the Ministry of Community, Sport and Cultural Development, and typically meet between February 1 and March 15 to hear formal complaints.
The Northern BC Region Assessment offices are located at:
Prince George office - #200 - 1488 4th Avenue
Prince George, BC V2L 4Y2
Dawson Creek office - #1112-103rd Ave
Dawson Creek, BC V1G 2G7
Terrace office - #100-4545 Lazelle Ave
Terrace, BC V8G 4E1
Williams Lake office - #202 – 350 Barnard Street
Williams Lake, BC V2G 4T9
During the month of January, office hours are 8:30 a.m. to 5:00 p.m., Monday to Friday. Property owners can contact BC Assessment toll-free at 1-866-valueBC (1-866-825-8322) or online at bcassessment.ca
For the Cariboo-Chilcotin Region - Property Assessment Values:
100 Mile House:
2016 - $198,000
2015 - $196,000
Increase of 2%
Williams Lake:
2016 - $226,000
2015 - $226,000
No increase or decrease
Quesnel:
2016 - $186,000
2015 - $180,000
Increase of 3%
Wells:
2016 - $78,000
2015 - $85,000
Decrease of 8%
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