What You Need to Know: All About Property Assessments
Jan 29, 2020
Written by
Ryan BerlinSHARE THIS
On 2 January 2020, assessment notices were mailed to all property owners across British Columbia. This brief sheds some light on how assessed values are derived, how they compare to market values, and how they factor into the determination of municipal property tax owing. Our rennie intelligence team comprises our in-house demographer, senior economist, and market analysts. Together, they empower individuals, organizations, and institutions with data-driven market insight and analysis. Experts in urban land economics, community planning, shifting demographics, and real estate trends, their strategic research supports a comprehensive advisory service offering and forms the basis of frequent reports and public presentations. Their thoughtful and objective approach truly embodies the core values of rennie.
Written by
Related
The gap in recent sales activity versus long-term averages continues to widen in the Coachella Valley. Reduced demand has allowed inventory to build, bringing active listings closer to historical norms.
Today
Report
This past June brought some of the lowest sales, and highest inventory, counts of any June in over a decade. Despite this, overall median sales prices reached a new high.
Jul 2025
Report