What does your 2007 BC Assessment really mean?
January 17th, 2007What's it worth? Property Assessment Notices and What they mean.
Hello & thank you for dropping by this new Blog. Throughout BC, property owners have been asking lots of questions regarding their 2007 property assessment notices that they recently recieved. "WOW, HOW MUCH, CAN'T BE, SEE I TOLD YOU, HOW DO I/WE APPEAL THIS?" Often there is a difference between the property value on the assessment notice and the value determined by a Realtor. There are two reasons. The first has to do with when. The second has to do with how.
When: The assessment notice is BCA's estimate of the property's market value as of July 1, 20006. In comparison, a Realtor's