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Assessments drop in Lake Country
There’s been a slight dip in property values in Lake Country.
B.C. Assessment reports that the average residential assessment in the community has gone from $520,000 in 2012 to $519,000 in 2013.
“Most homes in the Central Okanagan region are remaining stable in value compared to last year’s assessment roll,” said Tracy Wall, deputy assessor.
Property owners who feel that their property assessment does not reflect market value as of July 1, 2012 or see incorrect information on their notice should contact our office as indicated on their notice as soon as possible in January.