January 23, 2013
New property listed in Abbotsford West, Abbotsford
Categories:Abbotsford West, Abbotsford Real Estate
I have listed a new property at 212 32550 MACLURE RD in Abbotsford.
Must see townhome at a great value. This 3 bedroom Clearbrook village unit offers a great opportunity for investors or first-time buyers with it's central Abbotsford location. This townhome is very well kept, and features a new roof,windows, and paint throughout the home. This unit is not only on the quiet side of the complex but also has a private and fully fenced yard. Call today for your personal showing.
January 23, 2013
How to Appeal Your BC Property Assessment
Mistakes can happen in BC Assessments. Ask the South Surrey
family whose property assessment jumped over a million
dollar from 2012 to 2013.
Turned out to be a clerical error that added a phantom 8,000 square feet to their top floor. So it’s always a good idea to check this year’s property assessment against last year’s for any kind of discrepancy.
BC Assessment determines values for all properties in BC so municipalities can tax property owne
rs based on a single province-wide set of standards. Tax rates differ from one municipality to another because they’re set by the local governments, so even if the valuation of your home goes down, you could still pay more tax. BC Assessment isn’t responsible for that, only for the value it sets for your home.
Your property is assessed according to its value on July 1 of the previous year. If you don’t agree with your BC property assessment, you have until the last minute of Thursday, January 31 to appeal. There is no charge.
Grounds for appeal are:
From the BC Assessment website, here are the steps in the process.
1. Check all details on your Assessment Notice
An appraiser at your assessment office will be pleased to discuss the information that is contained in your property file and explain how the market value estimate for your home was based on sales of similar properties in your neighbourhood. You can select any four residential properties that are comparable to yours and receive, free of charge, information such as the land size, general building description, total finished area, and year built with respect to these properties.
You can find the assessed value of comparable properties by using the “e-valueBC – Compare Assessments Online” feature on the BC Assessment website from early January to March 31.
3. If your concerns are not satisfied, you must request a formal review in writing by filing a written notice of complaint with the assessor by January 31 at 11:59 p.m. PST
To request a review, you must include the following information:
For further information or to appeal your assessment online, refer to your assessment notice, contact your assessment area office or visit BC Assessment’s website at www.bcassessment.ca.
4. Once you have filed for a review, you will be advised of a date and place to attend the independent review by a PARP. You will need to call the BC Assessment office listed on your Notice to book an appointment time.
5. When you attend your scheduled hearing, you will need to provide some information to support your position.
Please limit your arguments to assessment matters. In most residential property appeals, the issue is simply one of valuation (i.e., the actual value does not reflect the market value of my property last July) but occasionally there may be issues with respect to the property’s classification or entitlement to tax exemptions.
The panel does not have authority over taxation, tax rates or the provision of local services and it cannot be influenced by the fact you do not intend to sell your property.
Please note that the Panels’ decision is based on a review of evidence presented or available at the hearing. The onus is on the complainant to prove their case. Presenting your best evidence in an organized manner will help facilitate the review process at the PARP.
6. Procedures at review hearing:
7. Following the independent review
8. If you are not satisfied with the panel’s decision:
January 3, 2013
Casting Call: Earn A Free Home Renovation
The TV show Buying & Selling with The Property Brothers is coming to Greater Vancouver in February to shoot a number of episodes and producers are looking for prospective home sellers.
Do you fit these criteria?
If so, let us know and we can submit the proposal on your behalf and help orchestrate the sale.
This is a great opportunity to have professionals give you a FREE home renovation and staging throughout the selling process to get you top dollar and a once in lifetime opportunity to be on a hit TV show.
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