2014 BC Assessment


#1

I got my assessment today and it was down $30,000, the majority of the street has gone down in similar numbers as well. How the hell do they determine the assessments?? I doubt our taxes will go down.


#2

I’m guessing they look at how much houses sold for in your area, the condition of your house, and then come up with a number (or a combination of witchcraft and alchemy, jk). Yeah, it would be nice if our taxes did not increase too much!


#3

According to my assessment, my house’s assessed value jumped by almost 30%. I’m not sure how much that will affect my taxes. I don’t know if the amount will be chump change not worth my time to protest, or if it will be significant. Does anyone have any knowledge or experience with this?


#4

My “Total Assessed” dropped in value by $20,000. What I have noticed that seems odd is all the houses in my area is the “Total Land” value dropped by 25% and the “Total Buildings” on the land increased by 10 to 15%.

It will be interesting to see how this plays out in my taxes.


#5