The Graham, Van Arsdol, Atlin area of the city continue to dominate the high end of assessments from BC Assessment |
The annual roll out of BC Assessments on property across the province is underway, with the paper version of this years reviews on the way this week to mailboxes across the northwest.
Those who are interested in how the assessed value of their homes shapes up for 2023 however have probably already checked out the online version, with some surprises on the way for some and as social media notes over the last 24 hours suggest some curious assessments gaining notice as residents of Prince Rupert and area start to do some comparisons.
A chart from BC Assessment follows the patterns from 209-2022 (click to enlarge) |
For Prince Rupert the 2023 listings are 14 percent higher than a year ago, the Average Assessment for the city set at $443,000 up from $389,000 one year ago.
Port Edward has also risen, the District is up by 11 percent, with this years Average Assessment $297,000 dollars, up from last year's $268,000.
The rest of the northwest brings a surprise atop, with Smithers holding the top spot for the region.
Smithers --- Up 14 percent -- $498,000 (2023) $438,000 (2022)
Terrace --- Up 5 percent -- $461,000 (2023) $439,000 (2022)
Kitimat --- Up 5 percent -- $345,000 (2023) $329,000 (2022)
The full list of the North and Haida Gwaii can be reviewed here.
Among the High end properties for Prince Rupert, not surprisingly Graham Avenue, Atlin Avenue and Van Arsdol are high atop the list, with a number of assessment listings over the 1 million dollar mark.
In total the area accounts for fifteen properties over the million mark: Graham counts seven above the million mark, Van Arsdol 4 and Atlin 4
The top assessment of the area that found at 2323 Graham Assessed at $1,307,000
West side areas with strong assessment values |
Other areas featuring some of the higher end property assessments include:
A stretch of Summit Avenue overlooking the golf course and Fourth Avenue West also posted some strong assessment values.
The Edwards Avenue subdivision just off of Eleventh Avenue East has also seen some increased assessment values and six assessed properties now noted as above the 1 million dollar mark.
The Silversides area of the city also has trended high with 4 properties over the 1 million dollar assessed value mark
Other pockets of top end assessments include areas of Overlook, 4th Avenue East and Heron Road to name a few, though there are scattered spots of increases to be found in most neighbourhoods.
East side areas with strong assessment values |
For more notes on the Northwest real estate picture see our archive pages below:
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