Examples of specific housing assessment changes over the year in Harrison Hot Springs and District of Kent.

Assessments show modest increase

Acreages up 10 per cent, residential over 5 per cent increase

The numbers are in for Agassiz and Harrison Hot Springs 2016 property assessments, and it’s rural owners that have seen the highest increases in the value of their land.

“What we have seen is that the acreage land has gone up about 10 per cent,” said Brian Smith, deputy assessor of BC Assessment for the Fraser Valley.

Both Kent and Harrison single-family homes are within a zero to 10 per cent upward change, and the two communities have “very minimal change” in their stable townhouse and condo markets.

The average residential increase across all properties in the District of Kent is 5.61 per cent, and the average increase in business assessments in the district is 5.82 per cent.

In Harrison Hot Springs those numbers are 2.7 per cent average increase across residential and 9.25 per cent upward change in business assessments.

“I definitely encourage everybody to look at their assessment and then go to our website evaluebc and use that as a tool to see if your assessment makes sense or appears to be within the range of some of the comparable properties that have sold in the area,” Smith said.

If owners feel that those numbers are not comparable Smith encourages people to call BC Assessment.

That call volume has been high according to the deputy assessor because the appeal deadline is Feb. 1 this year.

In a related discussion Tuesday at the District of Kent council meeting Judy Lewis, director of financial services for the district, reminded those in attendance what these numbers mean when it comes to paying taxes.

She pointed out that it’s not the amount of the increase of the assessed value that matters but the amount that a property increases in relation to the average for that property class.

“The mill rate is always adjusted according to the average changes,” Lewis said.

 

 

Just Posted

Fantasy Farms told to stop holding special events on farmland that go against agricultural rules

The Morans say it might spell the end of their seasonal events like Reapers Haunted Attractions

New event invites Agassiz to meet museum’s resident ghost

The Haunted Museum Tour will take place on Oct. 26 and 30

REAL ESTATE: Homesteading in the Cariboo a reality

Columnist Freddy Marks talks about why so many are looking to a ranch life when it comes to property

Chilliwack maternity ward gets bundle of new equipment

Breast pumps, small fridges for patient rooms and freezer for donor breast milk given to hospital

Liberal candidate Jati Sidhu backs out of four interview appointments with The News

Jati Sidhu, the Liberal incumbent in Mission-Matsqui-Fraser Canyon, said he was too busy to talk

VIDEO: Agassiz lights candles in memory of missing, murdered Indigenous women

The Sisters in Spirit vigil took place at the Agassiz United Church

$100,000 reward for B.C. gangster extended to United States

Police belive fugitive Conor D’Monte may be in the Los Angeles area

Cheating husband sues mistress for gifted ring after wife learns about affair

The husband gave his mistress $1,000 to buy herself a ring in December 2017

Emily Carr University closed Sunday after fire causes some damage

The school is working with Vancouver police to assist their investigation into the fire

After losing two baby boys, B.C. parents hope to cut through the taboo of infant death

Oct. 15 is Pregnancy and Infant Loss Awareness Day in B.C.

Alberta to join B.C.’s class-action lawsuit against opioid manufacturers, distributors

B.C. government claims opioids were falsely marketed as less addictive than other pain meds

Court bans striking workers at Vancouver hotel from using sirens

Rosewood Hotel Georgia granted court order against unionized workers

VIDEO: Trudeau, Singh posture for ‘progressive’ votes while Scheer fights in Quebec

NDP Leader Jagmeet Singh, whose party has been on the rise in recent polls, is campaigning in Toronto

Most Read