Assessment up overall in North, but varies from area to area

In the next few days, owners of more than 247,000 properties throughout northern B.C. can expect to receive their 2018 assessment notices which reflect market value as of July 1, 2017.

“The majority of residential home owners within the region can expect a slight increase, compared to last year’s assessment,” said Deputy Assessor David Keough, in a press release. “Most home owners in the northern B.C. will see changes in the -5 per cent to +5 per cent range.”

Some home owners will see increases or decreases outside of this range:

  • Granisle in the area of +30%
  • Valemount in the area of +20%
  • Kitimat in the area of -20%

Commercial property owners in the region will see a similar increase in the range of 0 to 10 per cent. Some commercial property owners will see increases or decreases outside of this range:

  • Northern Rockies Regional Municipality in the area of -20%
  • Valemount in the area of +20%
  • Dawson Creek in the area of -10%
  • Pouce Coupe in the area of -10%
  • Taylor in the area of -10%

BC Assessment collects, monitors and analyzes property data throughout the year.

Overall, the northern B.C. region’s total assessments increased from $60.3 billion in 2017 to $61.8 billion this year. Approximately $1.5 billion of the region’s updated assessments is from new construction, subdivisions and rezoning of properties.

The northern B.C. region encompasses approximately 70 per cent of the province stretching east to the Alberta border, north to the Yukon border, west to Bella Coola including Haidi Gwaii and to the south just north of Clinton.

The following summary provides the average 2017 and 2018 assessed values of single-family residential homes throughout the region, including the percentage changes.

 Average Single-Family Dwelling Assessed Value
Community 2017 Assessments

(as of July 1, 2016)

2018 Assessments

(as of July 1, 2017)

Percentage Change In Value

(2018 vs. 2017)

100 Mile House $215,000 $223,000 +3.4%
Burns Lake $140,000 $148,000 +5.7%
Chetwynd $258,000 $250,000 -2.9%
Dawson Creek $261,000 $268,000 +2.7%
Fort St James $173,000 $178,000 +2.9%
Fort St John $387,000 $369,000 -4.6%
Fraser Lake $125,000 $125,000 +0.2%
Granisle $42,000 $61,000 +44.9%
Hazelton $109,000 $111,000 +2.6%
Houston $160,000 $160,000 +0.2%
Hudson’s Hope $199,000 $197,000 -0.9%
Kitimat $278,000 $233,000 -16.2%
Mackenzie $164,000 $164,000 0%
Masset $125,000 $119,000 -4.9%
McBride $141,000 $148,000 +5.2%
New Hazelton $137,000 $137,000 0%
Northern Rockies RM $179,000 $164,000 -8.4%
Port Clements $85,000 $87,000 +2.4%
Port Edward $222,000 $220,000 -0.8%
Pouce Coupe $212,000 $223,000 +5.2%
Prince George $287,000 $302,000 +5.2%
Prince Rupert $260,000 $276,000 +5.9%
Queen Charlotte $176,000 $180,000 +2.4%
Quesnel $195,000 $202,000 +3.8%
Smithers $287,000 $297,000 +3.5%
Stewart $104,000 $113,000 +8.5%
Taylor $336,000 $320,000 -4.9%
Telkwa $227,000 $234,000 +2.7%
Terrace $309,000 $305,000 -1.3%
Tumbler Ridge $146,000 $143,000 -1.9%
Valemount $193,000 $234,000 +21.6%
Vanderhoof $224,000 $223,000 -0.6%
Wells $76,000 $91,000 +20.1%
Williams Lake $236,000 $245,000 +4.0%

 

BC Assessment’s website at bcassessment.ca includes more details about 2018 assessments, property information and trends such as lists of 2018’s top valued residential properties across the province. The website also provides self-service access to a free, online property assessment search service that allows anyone to search, check and compare 2018 property assessments for anywhere in the province.

“Property owners can find a lot of information on our website including answers to many assessment-related questions, but those who feel that their property assessment does not reflect market value as of July 1, 2017 or see incorrect information on their notice, should contact BC Assessment as indicated on their notice as soon as possible in January,” said Keough. “If a property owner is still concerned about their assessment after speaking to one of our appraisers, they may submit a Notice of Complaint (Appeal) by January 31st, for an opportunity to present their information in front of the Property Assessment Review Panel for an independent, third-party review.”

The Property Assessment Review Panels, independent of BC Assessment, are appointed annually by the Ministry of Municipal Affairs and Housing, and typically meet between February 1 and March 15 to hear formal complaints.

The Northern BC Region Assessment offices are located at:

Prince George Office –                   #200 – 1488 4th Ave

Prince George, BC V2L 4Y2

Dawson Creek Office –                  #1 – 11612 8 Street

Dawson Creek   V1G 4R7

Terrace Office –                            #100 – 4545 Lazelle Ave

Terrace, BC V8G 4E1

Williams Lake Office –                #202 – 350 Barnard Street

Williams Lake, BC V2G 4T9

During the month of January, office hours are 8:30 a.m. to 5:00 p.m., Monday to Friday. Property owners can contact BC Assessment toll-free at 1-866-valueBC (1-866-825-8322) or online at bcasssessment.ca

  • Jo G

    Assessments in the Heritage south area are interesting. Many land assessments went down by around 5% while building assessments went up. In my case, the total of the two resulted in no change from 2017 to 2018.

    In lower college heights, the opposite seems to be true from the sampling I looked at.

    Who is the expert who can explain the rationale?