The average of Quesnel's property assessment has gone up by and average of three per cent over 2024.
In 2024, the average assessed property for a single family home in Quesnel was valued at $329,000 and for 2025 the typical assessed value is $339,000.
The 2025 property assessments, which reflect market value as of July 1, 2024, have been announced for property owners.
On its website BC Assessment lists the top 100 assessed properties in the region and coming in at number 14 is 1987 Barkerville Hwy, the site of the Cedarstone Lodge which is temporarily closed due to new ownership, valued at $2,265,000.
Property owners' 2025 assessment notices will be mailed to them but may delayed by backlogs from the Canada Post strike, they can also be found at bcassessment.ca.
"Most North Central home owners can generally expect to see assessment changes in the range of approximately -5% to +10% when they check their updated 2025 values with some exceptions depending on the community," said Deputy Assessor Teria Penner in a news release.
Penner reminded property owners that anyone who feels their property assessment does not reflect market value as of July 1, 2024 or sees incorrect information on their notice should contact BC Assessment as soon as possible in January.
"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 independent review by a Property Assessment Review Panel," added Penner.
The Property Assessment Review Panels, independent of BC Assessment, are appointed annually by the provincial government, and typically meet between February 1 and March 15 to hear formal complaints.
"It is important to understand that changes in property assessments do not automatically translate into a corresponding change in property taxes," explains Penner. "As noted on your assessment notice, how your assessment changes relative to the average change in your community is what may affect your property taxes."
As B.C.'s provider of property assessment information, BC Assessment collects, monitors and analyzes property data throughout the year. The newly released 2025 property assessment details can be searched and accessed any time at bcassessment.ca by using BC Assessment's Find your property assessment online service.
BC Assessment's data is used by provincial and local governments to determine property taxes which fund local governments and school districts. The organization's professional appraisers analyze sales in the area and consider characteristics such as size, age, quality, condition, view and location when determining assessed values.
Overall, North Central B.C.’s total assessments increased from about $95.2 billion in 2024 to over $99.8 billion this year. The total value of British Columbia real estate in 2025 is about $2.83 trillion, an increase of about 1.5 percent from 2024.
A total of about $1.3 billion of the region's updated assessments is from new construction, subdivisions and the rezoning of properties.
The North Central BC region encompasses approximately 70 per cent of the geographic area of the province: stretching east to the Alberta border, north to the Yukon border, west to Bella Coola including Haida Gwaii and to the south, just north of Clinton.
- With files from Monica Lamb-Yorski
