BC Assessments aren’t designed to tell you what your home is actually worth today. They’re a snapshot of the market as of July 1st of the previous year — long before interest rate swings, inventory shifts, price changes, and local neighbourhood trends reshape real value. Here’s what most homeowners don’t realize: • Assessments don’t account for renovations, upgrades, or condition differences — three homes with wildly different quality can share similar assessed values. • They lump neighbourhoods
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BC Assessments aren’t designed to tell you what your home is actually worth today. They’re a snapshot of the market as of July 1st of the previous year — long before interest rate
Trevor Bigg Personal Real Estate Corporation - EXP Realty - Williams Lake. Mos Def · Hip Hop. BC Assessments aren’t designed to tell you what your home is actually worth today. They’re a snapshot of the market as of July 1st of the previous year — long before interest rate swings, inventory shifts, price changes, and local neighbourhood ...
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Your 2026 BC Assessment notice just arrived, and property values are DOWN 📉. Here’s what it actually means for you. • Vancouver single-family homes dropped 5%—now at $2.09 million avg. • Lower Mainland values fell nearly $90 billion total. • Lower assessment ≠ automatic tax cut. • Taxes drop only if your home fell more than your community’s average. Why this matters: In a softening market, these drops signal buyer leverage right now—perfect timing if you’re eyeing Vancouver or Lower Mainland pr
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