Quote:
Originally Posted by Hehe
I don't get the new 2022 assessment. There was hardly any transaction on the road/immediate area I live (all old-timers with owners of 30+ years, one of the reasons I bought the area as I didn't want new owner/tenants to come and go) except mine and I bought it a year ago. Even extending the area a bit, all transactions within the last 12mth were pretty much at 2021 assessment on average if not lower.
And somehow that pushed to a new ATH, higher than the previous peak assessment of 2017.
Like, I was expecting an increase... yes. But not exploding by 30% when there's hardly anything going on. If anything, I was expecting a relatively flat for the area.
I just hope there isn't too much of a surprise when tax bill gets here.
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No surprise for property taxes, base rate x bc assement
https://vancouver.ca/home-property-d...sidential.aspx
This site has the rates for other cities,
https://wowa.ca/taxes/bc-property-tax