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With regards to Fort St. John, in 2011 single family dwellings were assessed an average value of $297,000. 2012 estimates predict an average value of $305,000, an increase of 2.7 per cent.
Next door in Taylor, the average assessed value is predicted to decline by 2 per cent, with 2011 showing $252,000 and 2012 estimated at $247,000.
Predictions for Dawson Creek estimate an increase of 3.2 per cent, with the 2011 assessment value being $222,000 and estimates for 2012 being $229,000.
Overall, the Peace River Assessment roll increased just over $1 billion from $14.8 billion last year to $15.8 billion in 2012. A total of almost $800 million of this growth includes subdivisions, rezoning and construction.
Sitter says “property owners who feel that their assessment does not reflect market value as of July, 2011, or see incorrect information on their notice, should contact our office as indicated on their notice as soon as possible in January.”
He adds that if property owners are still concerned about their assessment after speaking to one of their appraisers, they may submit a Notice of Complaint (Appeal) by Jan. 31, 2012, for an independent review by a Property Assessment Review Panel.
For more information on this procedure, visit the BC Assessment official website and for a complete look at the predicted assessment values and changes in the market, view the attached article.
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