2021 BC Property Assessments Now Available
Welcome to 2021! If you live in BC, you should have received your new, 2021, Property Assessment this week. Increases across the province range from flat to 20%, depending on region and property type. Please keep in mind, the assessment is NOT the market value of your property. It is used for assigning property taxes. In many cases, the actual sale value of your property can be between 30-40% higher.
Not sure if the assessment is correct? Please give us a call - we'd be happy to take a look at your assessment. Think you've been unfairly appraised or there is an error on your assessment? We helped someone this week who's 2 bedroom condo had been coded as a one-bedroom. We'd be happy to help you too if this is your situation - just give us a call.
Want to find out the true market value of your home? Contact us - we'd be happy to give you an appraisal.
What to do if your Assessment is Incorrect
Is your assessment incorrect? You can appeal it by contacting your municipality. If you live in Vancouver, you can go onto the city website to find the appeals process. However, for all BC residents, the appeals process should be clearly indicated on the assessment form, should you need to dispute the assessment.
If you'd like help, please give us a call - we can help you determine what needs disputing. Please feel free to reach out to us at any time - we're always here to answer any real estate questions you may have.
Wishing you all a great 2021 and a happy New Year!