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In its annual report, B.C Assessment has stated that total real estate value within the province has risen 6 % over the course of 2011, but with both cities that fared well and poorly.
A total of almost 19,000 home owners in Whistler and Pemberton are seeing decreases in property values as much as 15 per cent compared to last year.
Faring better are cities such as Vancouver where owners will be seeing quite an increase ranging from 10 to 25 per cent. Parts of Richmond were also seeing significant increases as well, ranging from 5 per cent to as much as 30 per cent for single-family dwellings.
The local government will be using the property assessments to calculate 2012 property taxes.
For more details and a list of the biggest winners and losers in B.C.’s home value assessment, please click on the link below:
The Province – January 3rd, 2012
Fawn Bluff,Bute Inlet
5791 Newton Wynd,Vancouver West
2606 – 2610 Marine Crescent,Vancouver West
The River House Estate,Telkwa
1098 Wolfe Avenue,Vancouver West
5476 Angus Drive,Vancouver West
4176 Crown Crescent,Vancouver West
6335 Elm Street,Vancouver West
1657 W King Edward Avenue,Vancouver West
1075 Douglas Crescent,Vancouver West
3690 East Boulevard,Vancouver West
4335 Rockridge Road,West Vancouver
9911 Bates Road,Richmond
611 Shaw Avenue,Coquitlam
2817 138th Street,South Surrey White Rock
621 Shaw Avenue,Coquitlam
605 Shaw Avenue,Coquitlam
615 Shaw Avenue,Coquitlam
10180 Finlayson Drive, Richmond,Richmond
501 1337 W 10th Avenue,Vancouver West
8-4900 Cartier Street,Vancouver West
2355 Larch Street,Vancouver West
32 West 14th Avenue,Vancouver West
217-10780 No 5 Road,Richmond
106-1750 Maple Street,Vancouver West
140-15230 Guildford Drive,Surrey
103 – 930 West 16th Avenue,Vancouver West
PH6-108 W Cordova Street,Vancouver West
903 – 162 Victory Ship Way,North Vancouver
205 – 9388 Tomicki Avenue,Richmond
113 – 9299 Tomicki Avenue,Richmond
205-930 West 16th Avenue,Vancouver West
305-930 West 16th Avenue,Vancouver West
851-855 Terminal Avenue,Vancouver East
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