The BC assessments are out, owners of about 382,000 properties throughout Vancouver Island can expect to receive their 2022 assessment notices, which reflect market value as of July 1, 2021.

Overall, Vancouver Island’s total assessments increased from about $269 billion in 2021 to $343 billion this year. Over $4.85 billion of the region’s updated assessments is from new construction, subdivisions and the rezoning of properties.

Now the Biggest gainer based on percentage over the past year :
District of Metchosin $852,000 in 2021 to $1,150,000 up a total of 35% in assessment value!
Now if you are wanting to sell your home or are wanting to know the actual value versus your assessment, reach out today

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