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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.

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