Area assessments still dropping

Residential assessments in Ashcroft, Cache Creek, Clinton, Lillooet and Logan Lake are still slipping.

  • Jan. 8, 2014 11:00 a.m.

KAMLOOPS – As 2014 marks BC Assessment’s 40th anniversary, owners of more than 5,900 properties throughout the South Cariboo and Gold Trail area can expect to receive their 2014 assessment notices in the next few days.

“Values of most homes in the South Cariboo and Gold Trail region are remaining stable compared to last year’s assessment roll,” said Graham Held, Deputy Assessor. “Most home owners in the region will see modest changes in the – 5 per cent to + 5 per cent range.”

Ashcroft’s assessment roll decreased from $180 million to $175 million.

Cache Creek’s assessment roll decreased from $101 million to $98.6 million.

Clinton’s assessment roll decreased slightly from $66.8 million to $66.5 million.

Lytton’s assessment roll remained stable at $37.8 million.

Most home owners in Lillooet will see changes in the – 5-10 per cent range. Overall, Lillooet’s Assessment Roll decreased from $306 million last year to $296 million this year. A total of $850,000 was added to the 2014 roll total in the form of new subdivisions, rezoning and new construction.

Most home owners in Logan Lake will see modest changes in the – 5 per cent to + 5per cent range. Overall, Logan Lake’s Assessment Roll increased from $349 million last year to $375 million this year. A total of almost $34.1 million of this change includes subdivisions, rezoning and new construction.

“Property owners who feel that their property assessment does not reflect market value as of July 1, 2013 or see incorrect information on their notice should contact BC Assessment as indicated on their notice as soon as possible in January,” said Held.

Property owners can contact BC Assessment toll-free at 1-866-825-8322 or online by clicking “CONNECT” at www.bcassessment.ca.

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