Quesnel 2014 Property Values Stable

Courtesy of BC Assessment Authority:

As 2014 marks BC Assessment’s 40th anniversary, owners of 17,300
properties throughout the North Cariboo area can expect to receive their 2014 assessment
notices in the next few days.

“Most homes in the City of Quesnel have remained relatively stable in value compared to
last year’s assessment roll, while home owners in the District of Wells have experienced a
small decrease,” said Darin Johnson, Deputy Assessor. “Most home owners in Quesnel
will see a change in the -5% to +5% range. Homes in the District of Wells, will typically see
a change from 0 to -5%.”

Overall, Quesnel’s Assessment Roll increased from $1.135 billion last year to $1.136
billion this year with a total of $10.3 million added which included subdivisions, rezoning
and new construction.

For the District of Wells, the Assessment Roll saw an overall decrease from $32.2 million
last year to $32 million this year. A total of $116,000 includes subdivisions, rezoning and
new construction.

“Property owners who feel that their property assessment does not reflect market value as
of July 1, 2013 or see incorrect information on their notice should contact BC Assessment
as indicated on their notice as soon as possible in January,” said Johnson.

“If a property owner is still concerned about their assessment after speaking to one of our
appraisers, they may submit a Notice of Complaint (Appeal) by January 31, for an
independent review by a Property Assessment Review Panel,” added Johnson.

The Property Assessment Review Panels, independent of BC Assessment, are appointed
annually by the Ministry of Community, Sport and Cultural Development, and meet
between February 1 and March 15 to hear formal complaints.

The Cariboo assessment office is located at Suite 202 – 350 Barnard Street in Williams
Lake. During the month of January, office hours are 8:30 a.m. to 5:00 p.m., Monday to
Friday. Property owners can contact BC Assessment toll-free at 1-866-valueBC (1-866-
825-8322) or online by clicking “CONNECT” at www.bcassessment.ca.