Property Values released by B.C. Assessment
Mornings with Simi
English - January 02, 2019 18:48 - 10 minutes - ★★★★★ - 1 ratingBusiness News News Society & Culture Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
The 2019 assessment numbers have been released, and they show some of BC’s most expensive properties have lost value, while others are up. Some of BC’s priciest homes, and their values, include:
Chip Wilson’s mega mansion on Point Grey Road is DOWN five million dollars, and is now at 73 million.
4707 Belmont Avenue is DOWN six million dollars, and is now 65 million.
4719 Belmont Avenue is DOWN five million dollars, and is now 41 million.
On average, home values in Vancouver, South Delta, White Rock, South Surrey, Richmond and the North Shore have gone down 5-10% in value.
Dr. Tom Davidoff from the UBC Sauder School of Business told the Jon McComb Show this morning that those figures relate to values from last summer - so a lot may have changed since.
Guest: Tina Ireland
BC Assessment Regional Assessor
The 2019 assessment numbers have been released, and they show some of BC’s most expensive properties have lost value, while others are up. Some of BC’s priciest homes, and their values, include:
Chip Wilson’s mega mansion on Point Grey Road is DOWN five million dollars, and is now at 73 million.
4707 Belmont Avenue is DOWN six million dollars, and is now 65 million.
4719 Belmont Avenue is DOWN five million dollars, and is now 41 million.
On average, home values in Vancouver, South Delta, White Rock, South Surrey, Richmond and the North Shore have gone down 5-10% in value.
Dr. Tom Davidoff from the UBC Sauder School of Business told the Jon McComb Show this morning that those figures relate to values from last summer - so a lot may have changed since.
Guest: Tina Ireland
BC Assessment Regional Assessor