2020 Property Assessment

January 4th, 2020
BC Assessment just released its 2020 assessments. The provincial agency appraises all properties, almost two million province wide on an annual basis. The assessment is an estimate of a property’s market value as of July 1, 2019 and physical condition as of October 31, 2019.

BC Assessment said changes in property value reflect movement in the market and can vary greatly from property to prop ...

Stratas and Pets

December 12th, 2019
If you’re planning to buy a strata property and you have furry or feathered friends, find out whether pets are allowed and if there are restrictions.

Under the Strata Property Act and Regulation, strata corporations can restrict owners and tenants from keeping pets or certain kinds of pets through the bylaws of the strata corporation.


Pet restrictions under the Standard Bylaws

Strata corporati ...

Real Estate Tips To Save Money

June 7th, 2019
Are you a BC home buyer, seller and or an owner?
Find below some ways you might save money!

1. BC Property Transfer Tax (PTT) First-Time Home Buyers’ Program
Qualifying first-time buyers may be exempt from paying the PTT of one per cent on the first $200,000 and two per cent on the remainder of the purchase price of a resale home priced up to $500,000. There is a proportional exemption for home ...

Buying A Home with appliances?

May 22nd, 2019
It's a good idea when buying a home that comes with appliances to look up their models and serial numbers to check if there's any recall for them.  Start with doing a Google search.  Here is a good reason why: 'Dishwasher that came with house catches fire, and owner learns it was subject of Whirlpool class action.'

In addition to your google search some additional resources include:
  • Governm ...

Risks of Growing Cannabis at Home

May 21st, 2019

The legalization of cannabis opens up new risks for homeowners.  Our professional real estate association, British Columbia Real Estate Association has created a series of videos regarding the risk of growing cannabis at home.

The first video is on the risks of growing cannabis when it comes to financing, refinancing and protecting the value of your home.

The second video is on cannabis as ...

Happy House Hunting

April 29th, 2019

Purchasing your first home is exciting especially if you prepare properly.

Making the jump from renting to owning is a big deal. Not only is owning your home a great investment, it also comes with a sense of personal pride. With housing prices at a premium, it’s important to make sure that you’re not only ready to own, but can afford the costs associated with owning a home.
Are you ready to t ...

Simple Things to Do Before Putting Your Home on the Market

April 23rd, 2019
Putting your home on the market can be both exciting and stress inducing. The possibilities of what the future holds can be overshadowed by the pressure to get your home ready to show — in other words, immaculate and open to the critique of perfect strangers.

The good news is there are some simple things you can do to stage your home to have a big impact on how it presents. Here’s a look at ...

bc speculation and vacancy tax

January 23rd, 2019
Speculation and vacancy tax declaration letters are now being mailed to owners of residential property in the taxable regions of B.C. Once you receive your letter, you can declare online or call
1 833 554-2323

The speculation and vacancy tax website has been expanded to:

- Clarify available exemptions and add examples

- Clarify tenancy exemption requirements

CLICK HERE to learn what's new wit ...

BC Assessments

January 10th, 2019
Have you checked your 2019 assessment yet?

BC Assessment (BCA) sent home owners their 2019 assessment notices last week, which reflect your home's market value as of July 1, 2018.

In Greater Vancouver, strata units saw overall increases, with Whistler leading the way (23 per cent and more), followed by Squamish (19 per cent and more), and Port Coquitlam (16 per cent).
In contrast, assessment ...

evaluate my house

January 2nd, 2019
New BC assessment numbers were just released.

Property assessment info is announced on an annual basis, the beginning of the new year and is based on the market values as of July of the year before.

Often changes in property assessments really depend on where you live.

Some highlights of the 2019 property assessment of 2,044,482 BC properties include:

1. Metro Vancouver detached home valu ...