Personal Real Estate Corporation

June 2022

Market Value Versus Assessed Value

Posted on Jun 23, 2022


This year most of us saw a significant change in our tax assessed values for our homes on Vancouver Island. You may be wondering - What is the difference between the tax assessed value as determined by BC Assessment and the market value of my home?
  • Assessed value is determined by BC Assessment. It’s an estimated value that provides the tax authoriti...

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