Yikes!! Did your BC Assessment go up?!!

 

Well... property assessments are out.  And holy smokers. A survey was completed to see which municipality had the highest increase last year and while we are in South Surrey/White Rock at 54% increase...Some North Delta detached property saw a jump in 60%!!!

While it is unclear how this will affect property tax amounts, some good news is that the Provincial government did increase the home owner's grant from $1.2M to $1.6M.