Property Assessments Down in Kitimat, Granisle -- Up in Most Other NW Communities

Property assessments are up this year for most residential home owners in northwest BC, but a couple of communities bucked the trend.

Figures released today by BC Assessment show the average value of a single-family home in Kitimat dropped by over four per cent, while Granisle saw an average decrease of just over 19 per cent.

Assessments Terrace and Masset held steady compared with 2016, while all other northwest communities saw increases (full list below).

Deputy Assessor David Keough says anyone can check their own property's value by logging onto www.bcassessment.ca, then "put in their address and they'll pull up their assessment notice, and it'll pull up also neighbouring properties and what they're assessed at, and also the sales of properties and what we've used to come up with their assessment and look at tht and once that's done, if they're still having some questions or concerns about what their assessment values are, feel free to give our offices a call and one of our appraisers will be more than happy to answer any questions they do have."

Keough notes increases or decreases don't necessarily mean property taxes will change by the same amount, since those rates are set by local municipalities.   

 

The following summary provides the average 2016 and 2017 assessed values of single family residential homes throughout the region: Average Single-Family Dwelling Assessed Value

Communities

2016

2017

% Change In Value

100 Mile House

$199,000

$215,000

7.44%

Burns Lake

$133,000

$139,000

4.32%

Chetwynd

$248,000

$258,000

3.88%

Dawson Creek

$260,000

$261,000

0.38%

Fort St James

$164,000

$172,000

4.65%

Fort St John

$404,000

$387,000

-4.39%

Fraser Lake

$125,000

$124,000

-0.81%

Granisle

$50,000

$42,000

-19.05%

Hazelton

$106,000

$108,000

1.85%

Houston

$143,000

$160,000

10.63%

Hudson's Hope

$198,000

$199,000

0.50%

Kitimat

$290,000

$277,000

-4.69%

Mackenzie

$153,000

$163,000

6.13%

Masset

$124,000

$124,000

0.00%

McBride

$137,000

$140,000

2.14%

New Hazelton

$128,000

$137,000

6.57%

Northern Rockies RM

$265,000

$179,000

-48.04%

Port Clements

$83,000

$85,000

2.35%

Port Edward

$189,000

$222,000

14.86%

Pouce Coupe

$205,000

$213,000

3.76%

Prince George

$268,000

$286,000

6.29%

Prince Rupert

$244,000

$260,000

6.15%

Queen Charlotte

$166,000

$175,000

5.14%

Quesnel

$186,000

$194,000

4.12%

Smithers

$282,000

$287,000

1.74%

Stewart

$101,000

$105,000

3.81%

Taylor

$356,000

$337,000

-5.64%

Telkwa

$223,000

$227,000

1.76%

Terrace

$309,000

$309,000

0.00%

Tumbler Ridge

$138,000

$146,000

5.48%

Valemount

$174,000

$192,000

9.38%

Vanderhoof

$222,000

$224,000

0.89%

Wells

$75,000

$75,000

0.00%

Williams Lake

$223,000

$235,000

5.11%