BC Assessments are out and homeowners can check it out online at www.bcassessment.ca in addition to getting a copy in the mail.
There are 2 misconceptions that I hear every year from homeowners so I’ve decided to break it down to set the record straight.
1- Assessed value is not the same as Market Value
2- An increase in your assessed value automatically equals an increase in property taxes or conversely, a decrease in assessed value reduces your property taxes.
Here’s all the info! WATCH THE VIDEO HERE