Unhappy B.C. homeowners have less than a month to appeal 2019 property assessments.
Homeowners unsatisfied with their assessments can file appeals to have their propertyB次元官网网址檚 value assessed by an independent board: the Property Assessment Review Panel (PARP).
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Last year, 1.3 per cent of property owners appealed their assessment B次元官网网址� 25, 760 appeals in total. ThatB次元官网网址檚 consistent with a ten-year average of 1.3 per cent, said Tina Ireland, a Vancouver Island assessor with BC Assessment.
Ireland encourages property owners to call in before starting the appeal process.
B次元官网网址淲e have teams of professional appraisers that can answer calls and hopefully will answer most of the questions that property owners have,B次元官网网址� she said. B次元官网网址淚f the property owner is not satisfied there is, of course, the option to appeal.B次元官网网址�
But before appealing, Ireland said homeowners should remember that their assessment is based on 2018 market values.
B次元官网网址淭he assessment reflects market value of their property at a specific point in time,B次元官网网址� she said. B次元官网网址淭he 2019 assessment reflects market conditions as of July 1, 2018B次元官网网址roperty owners should ponder whether they feel thatB次元官网网址檚 a fair representation of their market value.B次元官网网址�
B.C. residents have until Jan. 31 to appeal their 2019 property assessments B次元官网网址� after which appeals are accepted but may be deemed invalid by PARP.
PARP hearings occur between Feb.1 and March 15 every year.
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