More than 9,000 property owners throughout Port Alberni and Alberni Clayoquot Regional District can expect to receive their 2012 assessment notices in the next few days.
“Most homes in Port Alberni and Alberni Clayoquot Regional District will see moderate decreases to little change in value compared to last year’s assessment roll,” said Vancouver Island Regional Assessor Bill MacGougan.
“Most home owners in Port Alberni and Alberni Clayoquot Regional District will see modest changes in the minut-10 per cent to plus-five per cent range.”
What does that mean? For a single family home valued at $191,300 last year, the 2012 assessment would be approximately $184,400.
The value of strata condos has gone up for 2012. For example, a strata condo worth $132,600 in 2011 is now valued at $135,300.
Assessments in the Alberni-Clayoquot Regional District rose marginally for 2012: a single family dwelling (under two acres) worth $278,500 last year is now worth $288,552. The same house on more than two acres of property was worth $342,000 last year and is now worth $354,000.
The assessments were taken as of July 1, 2011.
Overall, the taxable residential assessment roll of Port Alberni and Alberni Clayoquot Regional District is $2,821,649,674 this year.
To measure your property against others in your neighbourhood, go online to www.bcassessment.ca. Owners who would like to dispute their assessment should contact BC Assessment. They have until Jan. 31 to submit an appeal.