Assessment notices in the mail

  • Jan. 5, 2007 12:00 p.m.

More than 3,400 property owners on the Charlottes will receive their 2007 assessment notice in the coming days.
Assessments are the estimate of a property’s market value as of July 1, 2006. This common date ensures all properties are assessed fairly and there’s an equitable base for taxation.
“Most homes on the Queen Charlotte Islands are worth the same or more on this year’s assessment roll than they were on the 2006 assessment roll,” said Northwest Deputy Assessor Scott
Sitter. “Most home owners in the Village of Queen Charlotte will see modest increases in the 0 to 5-percent range. Port Clements remains essentially unchanged. The greatest market change has been
observed in Masset where most property owners will see increases in the 15 to 25-percent range. Some acreage and waterfront properties through out the islands will see increases up to 50-percent.”
Changes in property assessments are reflective of movement in the real estate market and can vary greatly from property to property. When estimating a property’s market value, a professional appraiser analyzes current sales in the area, as well as considering other characteristics such as size, age, quality, condition, view and location.
Overall, the Village of Queen Charlotte’s assessment roll increased from approximately $77.1-million to $78.1-million this year. For Port, the increase over last year was from approximately $20.7-million to $21.5-million. For Masset the increase was approximately from $62.8-million to $71.4-million. This growth reflects changing market values for many properties but also includes subdivisions, rezoning and new construction.
“Property owners who feel that their property assessment does not reflect market value as of July 1, 2006, or see incorrect information on their notice, should contact the BC Assessment office
indicated on their notice as soon as possible in January,” said Mr. Sitter.
“If a property owner is still concerned about their assessment after speaking to one of our staff, they may submit a written request by January 31, for an independent review by a Property Assessment Review Panel.” The panels, independent of BC Assessment, are appointed annually by
the Ministry of Small Business and Revenue, and meet between February 1 and March 15 to hear formal complaints.
Assessments and Sales by Address are available for residential property owners to further assist them in understanding their property’s market value and to provide comparable sales information. This service is available on BC Assessment’s web site at www.bcassessment.ca from
January 2 to March 15. Paper copies of Assessments by Address are also available at local area offices and most municipal halls, libraries and government agent’s offices across the province.
Sales by Address provides market value sales that occurred six months before and four months following the July 1, 2006 valuation date, between January 1 to October 31, 2006 are included.
The real estate market creates property value, which is reported annually by BC Assessment. Local governments and other taxing authorities are responsible for taxation, and after determining their needs this spring, will determine property tax rates based on BC Assessment’s data. Property owners should contact their local government or taxing authority for more information about property taxes.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Haida GwaiIdol premiere may include special guest performance

Lineup includes musicians, dancer, comedian and more; One of the judges ‘may do a guest performance’

Rennell Sound road access to be closed over Labour Day weekend

Haida Gwaii Natural Resource District temporarily closing Rennell Road Aug. 31 to Sept. 7

Regional district requests review of Tlell, Tow Hill speed limits

Electoral Area Advisory Committee recommended request ‘to make sure everybody’s safe’

Haida Gwaii resident upcycles glass into ‘quarantini’ tumblers

Faye Laidlaw of Queen Charlotte making tumblers, candleholders to keep glass out of landfill

Power restored for more than 1,300 BC Hydro customers impacted by outage

Outages left hundreds of BC Hydro customers on Haida Gwaii without power on Aug. 9

B.C. records new COVID-19 death, 85 more cases; Horgan calls on celebrity help

This brings the total number of active confirmed cases to 531 across the province

B.C. announces multi-year plan to double treatment beds for youth with addiction

This will bring the total number of new beds specific to those 12 to 24 years old to 247 province-wide

B.C. man who nearly died from COVID-19 reflects on one-month battle

Robert Billyard was in an induced coma to ensure his body would not fight the ventilator to breathe

Wedding party bear sprayed at Okanagan campsite irks locals

Latest criminal activity at the Meadows leaves locals frustrated

Paramedics fired for allowing patient to crawl for treatment on Downtown Eastside: court documents

The man spent three days in intensive care and three months recovering in hospital from sepsis

Feds seeking private consultant to design firearm buyback program

The ban covers some 1,500 models and variants of what the government considers assault-style weapons

Face masks for teachers can impact learning on young children, experts say

Face coverings, mandatory in most indoor public places across the province, can help limit the spread of COVID-19

Horvat scores 2 as Vancouver Canucks beat Blues 5-2 in NHL playoff opener

Game 2 in best-of-seven series goes Friday night

Most Read