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Assessments for single family homes on the rise

Posted in June's Kelowna Real Estate Blog on January 3, 2007

B.C. is the place people want to live. Assessments across the province are skyrocketing with Belcarra up 32.8 per cent and Richmond/Delta up 25.7 per cent. Whistler bucked the trend and is up only 0.9 per cent.

Anmore 34.6

Belcarra 32.8

Vernon 30.2

Port Moody 28.9

Kelowna 27.9

Surrey/White Rock 27.4

Penticton 27.3

Sooke 27.3

Fort St. John 25.9

Richmond/Delta 25.7

Vancouver 25.5

New Westminster 25.0

East Kootenay 24.2

Revelstoke 24.0

Fraser Valley 23.8

Central Vancouver Island 22.7

North Fraser 22.7

Sidney 22.5

Burnaby 22.3

Nelson/Trail 22.2

Kamloops 21.8

Coquitlam 21.7

West Vancouver 20.7

Port Coquitlam 20.6

Victoria (city) 20.0

Bowen Island 19.7

Courtenay 19.2

Oak Bay 19.1

Powell River 18.8

Victoria (greater) 17.8

North Vancouver (city) 17.2

Golden 16.5

Esquimalt 16.4

Peace River 16.4

Prince George 16.4

Saanich 16.1

Parksville 15.8

Gulf Islands 15.6

Squamish 15.4

Cariboo 15.3

North Shore/Squamish 14.7

North Vancouver (district) 13.8

Gibsons 13.3

Northwest 12.7

Central Saanich 12.3

Tofino 9.3

Whistler 0.9

- - -

B.C.'s 2007 property assessments topped $808 billion, $150 billion more than 2006. Vancouver accounts for the largest single slice, with total values of $156 billion. The Fraser Valley and Surrey combined are a close second at $134 billion. West Vancouver is at $21.6 billion.

- - -

BC Assessment sent 1,924,750 assessment notices to British Columbia property owners, an increase from last year's total of 1,818,016.

- - -

Check your property assessment using the BC Assessment Web site: http://www.bcassessment.bc.ca

(Source: Vancouver Sun)


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