Rising property values

The BC Assessment authority is mailing its 2007 notices to B.C. property owners this week. This map and chart details the increase in value of single family dwellings and condos in Vancouver neighbourhoods with average assessments for 2006 and 2007.

2006 2007 Increase

1 Arbutus/Mackenzie Heights
Single family dwelling $954,644 $1,183,036 23.92%
Condo $460,514 $565,265 22.75%

2 Cambie
Single family dwelling $747,889 $938,715 25.52%
Condo $253,939 $335,054 31.94%

3 Cedar Cottage
Single family dwelling $450,267 $591,224 31.31%
Condo $214,616 $279,915 30.43%

4 Collingwood
Single family dwelling $439,838 $553,656 25.88%
Condo $184,021 $245,058 33.17%

5 Downtown
Condo $345,859 $418,035 20.87%

6 Downtown South
Single family dwelling $1,051,400 $1,254,350 19.30%
Condo $285,174 $350,086 22.76%

7 Dunbar
Single family dwelling $852,683 $1,091,753 28.04%
Condo $325,351 $386,437 18.78%

8 Fairview
Single family dwelling $498,641 $601,805 20.69%
Condo $357,170 $427,963 19.82%

9 False Creek
North Condo $502,098 $605,159 20.53%

10 Fraserview
Single family dwelling $585,609 $705,173 20.42%
Condo $261,412 $332,316 27.12%

11 Grandview
Single family dwelling $435,607 $559,959 28.55%
Condo $170,851 $226,833 32.77%

12 Harbour
Condo $1,119,416 $1,534,905 37.12%

13 Hastings East
Single family dwelling $440,058 $568,177 29.11%
Condo $189,310 $237,697 25.56%

14 Kerrisdale
Single family dwelling $967,612 $1,207,322 24.77%
Condo $451,831 $520,614 15.22%

15 Killarney
Single family dwelling $516,383 $638,193 23.59%
Condo $207,903 $265,234 27.58%

16 Kitsilano
Single family dwelling $963,217 $1,239,094 28.64%
Condo $306,562 $372,682 21.57%

17 Knight
Single family dwelling $459,153 $570,152 24.17%
Condo $190,158 $247,362 30.08%

18 Main/Fraser
Single family dwelling $464,592 $579,797 24.80%
Condo $206,124 $254,047 23.25%

19 Marine Drive
Single family dwelling $414,187 $534,787 29.12%
Condo $233,939 $294,414 25.85%

20 Marpole
Single family dwelling $645,036 $797,557 23.65%
Condo $207,848 $260,970 25.56%

21 Mount Pleasant
Single family dwelling $430,866 $542,271 25.86%
Condo $212,587 $281,678 32.50%

22 Oakridge
Single family dwelling $774,899 $975,842 25.93%
Condo $447,735 $538,606 20.30%

23 Point Grey
Single family dwelling $1,249,834 $1,646,170 31.71%
Condo $353,243 $435,311 23.23%

24 Renfrew
Single family dwelling $458,851 $573,731 25.04%
Condo $199,791 $233,483 16.86%

25 Renfrew Heights
Single family dwelling $460,639 $576,567 25.17%

26 Shaughnessy
Single family dwelling $1,596,564 $1,936,522 21.29%
Condo $472,783 $577,640 22.18%

27 South Granville
Single family dwelling $1,130,067 $1,402,380 24.10%
Condo $290,200 $359,993 24.05%

28 South Vancouver
Single family dwelling $468,036 $584,607 24.91%
Condo $175,431 $225,812 28.72%

29 Southlands
Single family dwelling $1,070,854 $1,323,988 23.64%

30 West End
Single family dwelling $762,500 $861,626 13.00%
Condo $363,852 $443,040 21.76%

(Source: Vancouver Sun)