North Thompson property values remain stable for 2014

Barriere’s Assessment Roll decreased from $200 million last year to $193 million this year

As 2014 marks BC Assessment’s 40th anniversary, owners of the more than 4,000 properties throughout the North Thompson can expect to receive their 2014 assessment notices in the next few days.

“Values of most homes in the North Thompson are remaining stable compared to last year’s assessment roll,” said Graham Held, deputy assessor. “Most home owners in the North Thompson will see changes in the -10 per cent to +10 per cent range.”

Barriere’s Assessment Roll decreased from $200 million last year to $193 million this year. Clearwater’s Assessment Roll increased from $331 million last year to $334 million this year.

“Property owners who feel that their property assessment does not reflect market value as of July 1, 2013 or see incorrect information on their notice should contact BC Assessment as indicated on their notice as soon as possible in January,” said Held.

“If a property owner is still concerned about their assessment after speaking to one of our appraisers, they may submit a Notice of Complaint (Appeal) by January 31, for an independent review by a Property Assessment Review Panel,” added Held.

The Property Assessment Review Panels, independent of BC Assessment, are appointed annually by the Ministry of Community, Sport and Cultural Development, and meet between Feb. 1 and March 15 to hear formal complaints.

The Kamloops assessment office is located at 805 Renfrew Ave in Kamloops. During the month of January, office hours are 8:30 a.m. to 5 p.m., Monday to Friday. Property owners can contact BC Assessment toll-free at 1-866-valueBC (1-866-825-8322) or online by clicking “CONNECT” at www.bcassessment.ca.

Visit www.bcassessment.ca for more information about the 2014 Assessment Roll including lists of 2014’s top 100 most valuable residential properties across the province.

 

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