PRINCE GEORGE — In the next few days, owners of more than 247,500 properties throughout Northern BC can expect to receive their 2019 assessment notices, which reflect market value as of July 1, 2018.
"The majority of residential home owners within the region can expect a moderate increase compared to last year's assessment," says Deputy Assessor Jarret Krantz. "There are some exceptions to this such as Kitimat where owner’s will see increases of 20 per cent or greater. Also, the Northern Rockies Regional Municipality where there have been decreases in the range of 20 per cent or more.”
The summaries below provides estimates of average 2018 versus 2019 assessed values of properties throughout the region. The average is represented by the median, or mid point, value which removes the influence of outliers.
These examples demonstrate market trends for single-family residential properties by geographic area: