Bc Assessment
Lake Country avoids property tax increase for 2016
KELOWNA – Lake Country stands alone amongst communities in the Okanagan in approving a zero…
North Okanagan home values trending up
VERNON - There’s an upswing in the assessed value of homes in the North Okanagan. According to B.C. Assessment’s latest number-crunching, single family residential properties rose in value in most communities in the North Okanagan and Shuswap regions between July 1, 2014 and July 1, 2015. The biggest jumps were in Spallumcheen and Salmon Arm...
Two properties in South Okanagan make top 100 assessment list
PENTICTON - Only two South Okanagan properties made it on to this year’s Thompson - Okanagan top 100 valued residential properties list in 2016. The two properties are both located in Summerland. Coming in 48th on the list is 903 Dent Road, waterfront property valued at $4,398,000. The second, placing 84th on the list, is...
Kelowna sees nearly 10 per cent jump in property values
KELOWNA - Homeowners in the Central Okanagan can expect some of the biggest increases in property assessments in the Okanagan region when official notices hit mailboxes this week. B.C. Assessment says the average single-family home in Kelowna went up 9.63 per cent to $567,600, with Lake Country close behind at 9.16 per cent and an...
MAP: Kelowna dominates list of most valuable properties in the Thompson-Okanagan
CENTRAL OKANAGAN - When it comes to property values, Kelowna is the clear leader among communities in the Thompson-Okanagan region, dominating the top 100 most valuable properties list. B.C. Assessment’s annual property valuations show a waterfront home 4358 Hobson Rd. in Kelowna was assessed at $9.51 million, the clear leader in the top 100 residential...
B.C. Assessment out with Kelowna home values next week
KELOWNA - Thousands of local homeowners will find out tomorrow, Jan. 4, just how much the B.C. Assessment Authority thinks their house is worth. That’s when the authority’s 2016 assessment rolls are made public and official assessments begin landing in some two million mailboxes across the province, spokesman Tim Morrison says. Assessments are used by...
Sun Peaks property once again the top-valued in Thompson region
KAMLOOPS - Only one property in the Kamloops region has made the top-100 list of most expensive properties in the Thompson-Okanagan this year, and at number 93, that house barely cracked the list. The $3.66-million single family home at 4141 Douglas Crt. in Sun Peaks was valued at $3.51 million in 2015, when it was...
One of the Okanagan’s most expensive, multi-million dollar homes is hiding in Vernon
OKANAGAN - If a Vernon home complete with its own theatre, library, and heli pad sells for the asking price — close to $8 million — it would become the third most expensive residential property in the Okanagan Valley. But if you look the property up on B.C. Assessment, it doesn’t even make the top...
Penticton property assessments up in 2015
PENTICTON - B.C. Assessment released the latest property information for Penticton and the South Okanagan - Similkameen this week. Assessed values of most homes in the South Okanagan are up in value compared to last year’s assessment roll. The changes in property values are modest, however, in the -5% to +5 % range for the...
Digital eyes spark assessment spikes
THOMPSON-OKANAGAN — If your 2015 property assessment is up drastically, blame it on slightly creepy technology. B.C Assessment says Interior real estate has jumped in value by almost $2 billion and some of those price hikes are the fruit of last summer’s push into the Interior using digital photo vans and enhanced aerial photography to update assessments...
Upswing in North Okanagan property values
VERNON – There’s an upward trend in the value of North Okanagan properties. B.C. Assessment has released its 2015 assessment roll, which grew to $27,173,940,965, up 3.6 per cent from $26,221,360,408 in 2014. A notable $393,000,000 was added to the roll through subdivisions, rezoning and new construction. In the North Okanagan, the District of Coldstream...
MAP: Sun Peaks has top valued properties in region
KAMLOOPS - The four most expensive properties in the Thompson Cariboo region total more than $11 million in value, and they are all located in Sun Peaks. The most expensive property is once again 4141 Douglas Crt at $3.51 million, though the value fell from the $3.545 it was pegged at in 2014. In total...