Victorians can now view the latest assessed values for residential properties in British Columbia following an update to BC Assessment’s searchable online database.

 

A cross section of real-estate holdings throughout the Capital Region, dated to July 1, 2017 show values rose year-over-year by as much as 35% in the urban core, while some properties in outlying areas showed appreciation as low as 5%. Values of re-developed properties, such as the one depicted on the image at the top of this article, can show a significantly higher year-over-year assessment.

 

Assessed values, however, rarely represent the actual sale price of a real-estate transaction. In a hot real-estate market like Victoria’s assessed values are oftentimes 30%, 40%, even 50% lower than the market price of a home.

 

To view the value of a property, enter its address here. C