Property assessments for a single family home in the Barriere area have increased on average by two per cent.
A property assessed in 2024 at $396,00 has increased to $403,000.
The 2025 property assessments, which reflect market value as of July 1, 2024, have been announced for property owners of nearly 445,000 properties throughout the Southern Interior.
The updated property values are now available at bcassessment.ca in addition to 2025 Property Assessment Notices being mailed to each property owner.
BC Assessment's website at bcassessment.ca includes more details about 2025 assessments, property information and trends such as lists of 2025's top valued residential properties across the province and an interactive map.
The website also provides self-service access to a free, online property assessment search service that allows anyone to search, check and compare 2025 property assessments for anywhere in the province. Property owners can unlock additional property search features by registering for a free BC Assessment account to check a property's 10-year value history, store/access favourites, create comparisons, and monitor neighbourhood sales.
"Property owners can find valuable information on our website including answers to many assessment-related questions, but those who feel that their property assessment does not reflect market value as of July 1, 2024 or see incorrect information on their notice, should contact BC Assessment as indicated on their notice as soon as possible in January," says Warkentin.
"If a property owner is still concerned about their assessment after speaking to one of our appraisers, they may submit a Notice of Complaint (Appeal) by January 31st, for an independent review by a Property Assessment Review Panel," adds Warkentin.