Properties are assessed as of July 1 of the previous year and the assessments are mailed to homeowners in January of the next year.
What is taken into account when assessing your home is the following:
The location of the home
The view from the home
The size of the home
The age of the home
Garages, carports, decks, pools, etc.
Comparable sale prices and other real estate market information
Services in the area are and also the neighbourhood can influence the assessment.
Information also comes from:
Real Estate transactions
Aerial Street Views
Property Assessment Appeal
You are able to appeal your BC property assessment, however, please keep in mind this does need to be filed by January 31, 2023. BC Assessment encourages you to call them and discuss your property assessment before you begin the appeal process.
Frequently asked Questions
Property Assessment Review Panel
How BC Assessment Works
If you have questions about property tax assessments or other real estate related questions, please do not hesitate to ask. We can schedule a zoom meeting, meet for coffee, phone call, email, whichever works for you.
I look forward to hearing from you.