British Columbia’s property assessments are mailed out to all homeowners in early January. Property taxes can be the single largest annual operating expense for both landlords and homeowners. If you disagree with your assessment homeowner’s have until Friday, January 31 at 11:59 p.m. PST. to file a notice of complaint (appeal) to the Property Assessment Review Panel.
- Is the assessment a reasonable estimate of what the property would have sold for on July 1 of the preceding year?
- Is the assessment reasonable in relation to other properties in the neighborhood?
It’s worth noting that substantial property tax savings can be achieved if you feel your assessment was too high and you successfully appeal your assessment.
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If you feel your assessment is too high, WesTech Appraisal Services can help with your property assessment appeal by providing an accurate estimate of value to assist you in your appeal with the Property Assessment Appeal Board.
If you think your 2014 BC assessment is unreasonable and wish to appeal you can visit the BC Assessment Notice of Complaint (Appeal) Process website or contact WesTech Appraisal Services for more information on having your home appraised at 604-986-2722.