So you;re about to receive you r property tax assessment in the mail, or if you dont want to wait or you don't receive it, you can look it up by googling "BC Tax Assessment"

Here's a few quick things to know about your assessment.
1. This assessment was conducted in July, which doesnt represent the current market
2. This assessment is primarily for tax purposes.  Even though theyre for tax purposes, there are corelations to keep consistent between lending values as well as as appraisal values.
3. Your assessment does not indicate an increase or decrease in property taxes.  Your taxes are determined by your municipality's budget and your assessment serves as a  mill rate to determine your share of property taxes.
4. Your property tax assessment is subject to dispute, so keep that in mind before the end of the month. 

Hope this helps. 

Happy New Year. 

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