Assessments showing stable property market

Stable to modest increases are expected for most Gold Pan property owners.

  • Wed Jan 7th, 2015 7:00pm
  • News

Stable to modest increases are expected for most Gold Pan property owners.

“Most homes in the City of Quesnel are remaining stable in value compared to last year’s assessment roll, while home owners in the District of Wells have experienced a slight overall increase,” Deputy Assessor Darin Johnson said.

“Most home owners in Quesnel will see modest changes in the +/- five per cent range. Homes in the District of Wells will typically see a change from – five per cent to 10 per cent.”

Overall, the Quesnel assessment roll increased from $1.135 billion last year to $1.139 billion this year. Of note, Johnson said, a total of almost $6.3 million was added through subdivisions, rezoning and new construction.

The District of Wells, saw a decrease from $32 million last year to $31 million this year. Despite this decrease, a total of almost $115,000 was added to the roll including subdivisions, rezoning and new construction.

“Property owners who feel that their property assessment does not reflect market value as of July 1, 2014 or see incorrect information on their notice should contact BC Assessment as indicated on their notice as soon as possible in January,” Johnson said.

“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 Feb. 2, for an independent review by a property assessment review panel.”

The Cariboo assessment office is located at Suite 202 – 350 Barnard Street in Williams Lake.

Open Monday – Friday, 8:30 a.m. to 5 p.m. Or call 1-866-valueBC (1-866-825-8322) or online by clicking “CONNECT” at www.bcassessment.ca.

“Our service commitments and standards clearly indicate the level of service that you can expect from BC Assessment and ensure we focus on customer needs as we continue to deliver excellent service,” Johnson said.

BC Assessment has launched an enhanced version of its free e-valueBC service that allows the public to search, check and compare properties online.

Visit www.bcassessment.ca for more information about the 2015 assessment roll including lists of 2015’s top 100 most valuable residential properties across the province.