Quote:
Originally Posted by whitev70r
Property Assessment up 2% ...
While the avg went down 6% ... how? 
Damn ... that means I have to pay more property tax proportionally. |
North Van. Market sales are always generally higher than assessed, pushing property assessments higher than the avg if there happens to be a sale in the neighbourhood, or if your property is a recent purchase.
Happened to me last year. My assessed value compared to 2023 increased way higher than avg because I bought at 2024 market rates, while my neighbours have all lived here for like 10 years or more.