Happy New Year 2018!!!
I want to wish all my friends and family an awesome new year , I wish all your goals which you have set in the new year are achieved and we all can meet more often.
I also look forward to get myself more involved in the community and be able to give back to the society.
All the best and stay positive always.
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
It's BC Assessment Time!
BC Assessments have been updated and are available to view. Please remember that your BC Assessment value is not the fair market value of your home and is used for the purposes of taxation only. Having said that, we are seeing increased assessment values and increased market values. If you are considering taking equity out of your home for a home renovation or consolidation, contact us and we will do a desk-top market valuation of your home and let you know how much equity you can access.
Want to see what your home was assessed at? Look up any BC Address here
https://www.bcassessment.ca/
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