(Kristyn Anthony/Black Press)

Don’t agree on your property assessment? Here’s what to do

On average, only 1.3 per cent of BC homeowners appeal each year

Unhappy B.C. homeowners have less than a month to appeal 2019 property assessments.

Homeowners unsatisfied with their assessments can file appeals to have their property’s value assessed by an independent board: the Property Assessment Review Panel (PARP).

RELATED: Property assessments to rise again on Vancouver Island

Last year, 1.3 per cent of property owners appealed their assessment – 25, 760 appeals in total. That’s consistent with a ten-year average of 1.3 per cent, said Tina Ireland, a Vancouver Island assessor with BC Assessment.

Ireland encourages property owners to call in before starting the appeal process.

“We have teams of professional appraisers that can answer calls and hopefully will answer most of the questions that property owners have,” she said. “If the property owner is not satisfied there is, of course, the option to appeal.”

But before appealing, Ireland said homeowners should remember that their assessment is based on 2018 market values.

“The assessment reflects market value of their property at a specific point in time,” she said. “The 2019 assessment reflects market conditions as of July 1, 2018…Property owners should ponder whether they feel that’s a fair representation of their market value.”

B.C. residents have until Jan. 31 to appeal their 2019 property assessments – after which appeals are accepted but may be deemed invalid by PARP.

PARP hearings occur between Feb.1 and March 15 every year.

RELATED: Victoria property assessments rise as level of inventory falls to record low



nina.grossman@blackpress.ca

Follow Nina on Twitter

Just Posted

Transport truck driver identified as one victim in double fatal head-on crash

Clifford Bishop, 54, a resident of Cassidy, had been a truck driver since he was 18

Volunteers needed for Sunday’s Festival of Lights takedown

Volunteers asked to meet at the 49th Parallel Grocery upper parking lot at 9 a.m.

Editorial: Need to look at more than just emergency Malahat bypass

We favour options that offer regular alternatives, not just a crash bypass.

Weather takes wind out of the sails of Ladysmith’s first fun sail

Lack of wind made it hard to complete first Ladysmith Maritime Society fun sail of the year

UK lawmakers reject Brexit deal in 432-202 vote

House of Commons votes against the deal struck between Britain’s government and the EU

Millennial Money: Don’t let Instagram envy get you into debt

A full 48 per cent of U.S. households have credit card debt

Jury debates fate of man accused of killing 12-year-old B.C. girl 40 years ago

Police allege Garry Handlen told a cop how he abducted, sexually assaulted and strangled Monica Jack in May 1978

Investigating change to B.C.’s licence and quota system

MP Ken Hardie hears from fish harvesters how corporations are favoured under current regime

Letters on way to all homeowners in B.C. speculation tax communities

Property owners have to register to avoid vacant-home tax

New orca calf in Salish Sea ‘healthy and active’

Birth cause for celebration but things still dire genetically, expert says

UPDATE: One person confirmed dead in Port Alberni motor vehicle accident

Rural residential road remains closed as RCMP, coroner investigate

Good Samaritan rescues cat found in heaps of garbage at B.C. landfill

The cat was abandoned and left to die at the Foothills Boulevard Regional Landfill, the BC SPCA says

Most Read