Property values in Williams Lake remain stable for 2014, according to BC Assessment.
Owners of 4,600 properties throughout the City of Williams Lake can expect to receive their 2014 assessment notices in the next few days.
“Most homes in Williams Lake are remaining relatively stable in value compared to last year’s assessment roll,” said Darin Johnson, Deputy Assessor. “Most home owners in Williams Lake will see modest changes in the +/-10% range.”
Overall, City of Williams Lake’s Assessment Roll increased from $1.251 billion last year to $1.252 billion this year. A total of almost $6.3 million of this increase 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 Johnson.
“If a property owner is still concerned about their assessment after speaking to one of our appraisers, they may submit a Notice of Complaint (Appeal) by January 31, for an independent review by a Property Assessment Review Panel,” added Johnson.
The Property Assessment Review Panels, independent of BC Assessment, are appointed annually by the Ministry of Community, Sport and Cultural Development, and meet between February 1 and March 15 to hear formal complaints.
The Cariboo assessment office is located at Suite 202 – 350 Barnard Street in Williams Lake. During the month of January, office hours are 8:30 a.m. to 5:00 p.m., Monday to Friday. Property owners can contact BC Assessment toll-free at 1-866-valueBC (1-866-825-8322) or online by clicking “CONNECT” at www.bcassessment.ca.
Visit www.bcassessment.ca for more information about the 2014 Assessment Roll including lists of 2014’s top 100 most valuable residential properties across the province.