BC homeowners, particularly those in the Lower Mainland, are experiencing a bit of sticker shock after collecting their mail this week, with many discovering their single family homes have climbed 30 to 50 per cent in assessed values over last year.
While the relationship between property assessments and property taxes is for another day, learn about the principles of property assessments through this animation about Mill Town, a fictional town in B.C.
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BC & Alberta Mortgage Broker
When I'm not breaking the knuckles of different lenders for better mortgages for my clients - I'm kidding (or am I?) - you can usually find me visiting with friends or family, writing for this blog, or doing my best to keep from capsizing a dragon boat!