News

Assessments up, down and stable in the North Okanagan

It's a mixed bag when it comes to property values in the North Okanagan.

Residents will receive the 2014 assessment notices over the next few days.

"Most home owners in the North Okanagan will see modest changes in the plus five per cent to minus five per cent range," said Tracy Wall, deputy assessor for B.C. Assessment.

For an average home in Armstrong, the assessment has gone from $293,000 in 2013 to $291,000 in 2014 while in Enderby, it has climbed from $242,000 to $246,000.

In Vernon, the assessment year-to-year has gone from $374,000 to $373,000 for a residential property and from $184,000 to $173,000 for a strata property. Coldstream's assessment for an average property has climbed from $480,000 to $493,000.

Spallumcheen remains unchanged at $332,000 while the assessed value of a home in Lumby has gone from $260,00 to $256,000.

Look for more in Friday's Morning Star.

We encourage an open exchange of ideas on this story's topic, but we ask you to follow our guidelines for respecting community standards. Personal attacks, inappropriate language, and off-topic comments may be removed, and comment privileges revoked, per our Terms of Use. Please see our FAQ if you have questions or concerns about using Facebook to comment.

You might like ...

Apartment vacancy rates drop, rents rise in Lower Mainland
 
Just the Facts: Medical Marijuana in Canada (VIDEO)
 
BC Ferries ends fuel surcharge as oil falls
Otter Co-op now open in Chilliwack
 
UPDATE: 11th farm hit with Avian flu, outbreak that started in Chilliwack enters U.S.
 
Diesel stays stubbornly high amid crude oil drop
Black Press buys newspapers from Glacier Media
 
Santa’s financial secrets for the holidays
 
Preventative care goes a long way at New West clinic

Community Events, December 2014

Add an Event


Read the latest eEdition

Browse the print edition page by page, including stories and ads.

Dec 21 edition online now. Browse the archives.