(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

Rain on the way for the Okanagan-Shuswap

Vernon’s dust warning is ongoing

Thrash Wrestling “mans up” for the Testicular Fortitude show

Silas “The Last Real Man” Young enters the ring on April 27

Update: Highway 3 reopened following rockslide near Keremeos

The slide occurred Friday March 22, at about 8 p.m. between Red Bridge and Standing Rock

Rock slide forces rural Keremeos residents to leave their homes

Witness describes boulders bigger than her car

BREAKING: Highway 3 near Keremeos closed due to rockslide

Highway 3 just west of Keremeos is closed as of 8:44 p.m.… Continue reading

Sparks fly as SUV speeds down wrong side of Highway 1 trying to flee RCMP

Captured on video, the vehicle headed westbound against oncoming traffic before crashing

Trudeau calls May 6 byelection for B.C. riding of Nanaimo-Ladysmith

The riding opened up when Sheila Malcolmson resigned in January

B.C. VIEWS: The hijacking of our education system gathers speed

Children taught to strike and shout fringe far-left demands

Judges on Twitter? Ethical guidance for those on the bench under review

Canadian judges involvement in community life are among issues under review

Four people displaced by Taylor Road fire

The Kelowna Fire Department say no one wass injured and the cause of the fire is not suspicious

Calgary captain has 3 points as Flames torch Canucks 3-1

Giordano leads way as Alberta side cracks 100-point plateau

Okanagan woman launches sewing studio

“I know there’s a lot of people up and down the valley that would love to sew.”

1,300 cruise ship passengers rescued by helicopter amid storm off Norway’s coast

Rescue teams with helicopters and boats were sent to evacuate the cruise ship under extremely difficult circumstances

Former Okanagan teen found safe after disappearing from YVR airport

Ethan Burnett, 14, was found safe in Kelowna on March 22

Most Read