BC Assessment Notices

BC Assessments are online now for 2011 until 15 March you will be able to search your address as well as those of your neighbors at: http://www.bcassessment.bc.ca/, a hard copy will be following in the mail. Recent sales information is also available.

If you think your assessment does not represent the value of your property as of 1 July 2010 you have until 31 January to file an appeal – more information on the appeals process can be found online at: http://www.bcassessment.bc.ca/public/Fact%20Sheets/Property%20Assessment%20Review%20Process.aspx .

There is also an excellent map available online which shows the estimated increase or decrease in market value (by %) between the 2010 & 2011 Assessment Rolls. This comparison reflects market movement for both residential and business and other property classes, and can be accessed at http://www.bcassessment.bc.ca/Pages/2011CompareAssessmentsOnlineAreaMap.aspx - while it doesn’t break out Gabriola specifically it gives a general idea of Central Vancouver Island.

It’s important to note that the assessments may not always match the market, so while this may act as a guide as to property values, it is still recommended speaking to a REALTOR® to get local up to date information on current market conditions.