Assessments

Peace River 2013 Assessments
Peace River 2014 Assessments
Peace River 2015 Assessments

Your property is assessed according to its value on July 1 of the previous year.

To establish the market value, BC Assessment looks at a number of components in the same way a prospective home buyer looks at the size, layout, shape, age, finish, quality, number of carports, garages, sun decks of a home. Location, views, available services and the neighbourhood itself also influence your property's assessed value.

BC Assessment appraisers analyze all sales in your area and develop common comparisons and equivalent values. After reviewing similarities and differences between properties, they arrive at a specific assessed value for each property.

An appraiser has the right to enter your home to conduct property inspections to ensure that the description and condition of a property is correct on your Property Assessment Notice, but that seldom happens.