Homeowner grant threshold set at $1.65 million for 2018

Great News! The Province of British Columbia has increased the homeowner grant threshold to 1.65 million. This means, if your property value is below this mark on the BC Assessments, you can apply to receive the following property tax grant as long as the property is your principal residence. 

-$570 for the basic homeowner grant.

-$770 if the home is located in a northern or rural area

-Up to $845 for homeowners who are 65 years or older, or the homeowner is a person with a disability.

-Up to $1,045 for homeowners who are 65 years or older, or the homeowner is a person with a disability if the home is in a northern or rural area.

Check out the full article here: BC Homeowner Grant