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01-04-2017, 09:52 AM
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#26 | | Waxin’ Punks
Join Date: Jun 2006 Location: South Surrey
Posts: 7,282
Thanked 6,162 Times in 2,139 Posts
Failed 216 Times in 114 Posts
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48% here 
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If you drive like an asshole, you probably are one. Quote:
Originally Posted by MG1  punkwax, I don't care what your friends say about you, you are gold! | Quote:
Originally Posted by mikemhg What do your farts sound like then? | | 
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01-04-2017, 09:54 AM
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#27 | | My homepage has been set to RS
Join Date: Sep 2001 Location: Langley BC
Posts: 2,113
Thanked 335 Times in 126 Posts
Failed 13 Times in 8 Posts
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43% increase for me in Langley :-|
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01-04-2017, 04:09 PM
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#28 | | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2010 Location: /
Posts: 5,247
Thanked 2,938 Times in 1,160 Posts
Failed 258 Times in 75 Posts
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Originally Posted by Pagani If it's not to collect more taxes on property what is the purpose of the BC Assessment? I guess the government is just being kind giving people free assessments  . | On the back of the sheet it said assessment value * tax rate = taxes payable. It also mentioned how to dispute the value too lower your taxes.
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2022 Velo N
2005 S2000
2007 CSX Type-S [Sold]
2002 RSX-S [T-Boned]
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01-04-2017, 05:15 PM
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#29 | | in the butt
Join Date: Aug 2016
Posts: 3,293
Thanked 4,399 Times in 1,564 Posts
Failed 210 Times in 114 Posts
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Reading all these posts, and all i can think is
i cant even get my foot in the door for a 400k shitter townhouse in tri-cities  | |
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01-04-2017, 08:25 PM
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#30 | | Willing to sell a family member for a few minutes on RS
Join Date: Apr 2011 Location: North vancouver
Posts: 14,106
Thanked 35,273 Times in 8,501 Posts
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Everyone who's values went up....
How are you finding is the best way to bring it up in front of people so they know how rich and intelligent of a real estate investor you are?
Its pretty much all I ever hear at any coffee shop is some clown yelling how much his condo went up in value and how "rich" he is now.
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98 technoviolet M3/2/5 Quote:
Originally Posted by boostfever Westopher is correct. | Quote:
Originally Posted by fsy82 seems like you got a dick up your ass well..get that checked | Quote:
Originally Posted by punkwax Well.. I’d hate to be the first to say it, but Westopher is correct. | | |
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01-04-2017, 10:18 PM
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#31 | | Diagonally parked in a parallel universe
Join Date: Mar 2013 Location: Vancouver
Posts: 1,417
Thanked 1,597 Times in 582 Posts
Failed 35 Times in 8 Posts
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Originally Posted by westopher Everyone who's values went up....
How are you finding is the best way to bring it up in front of people so they know how rich and intelligent of a real estate investor you are?
Its pretty much all I ever hear at any coffee shop is some clown yelling how much his condo went up in value and how "rich" he is now. | Through this forum.
Seriously though, I bought a house to live in and raise my kids, not just for a year to avoid the capital gains tax and move on to the next investment house.
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01-04-2017, 10:28 PM
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#32 | | Fathered more RS members than anybody else. Who's your daddy?
Join Date: Aug 2002
Posts: 25,402
Thanked 11,960 Times in 5,152 Posts
Failed 318 Times in 204 Posts
| Quote:
Originally Posted by westopher Everyone who's values went up....
How are you finding is the best way to bring it up in front of people so they know how rich and intelligent of a real estate investor you are?
Its pretty much all I ever hear at any coffee shop is some clown yelling how much his condo went up in value and how "rich" he is now. | Well, all my friends have bigger and better houses, so I can't even begin to.............
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"there but for the grace of god go I"
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Youth is, indeed, wasted on the young.
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Dirty look from MG1 can melt steel beams.
"There must be dissonance before resolution - MG1" a musical reference.
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01-04-2017, 10:29 PM
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#33 | | I answer every Emotion with an emoticon
Join Date: Aug 2007 Location: Paradise, BC
Posts: 7,943
Thanked 7,737 Times in 3,193 Posts
Failed 259 Times in 145 Posts
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Still waiting for that 50% housing market crash here to get myself into a house.  | |
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01-05-2017, 12:29 PM
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#34 | | RS has made me the bitter person i am today!
Join Date: Apr 2001 Location: Vancouver
Posts: 4,811
Thanked 3,001 Times in 783 Posts
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from THEPROVINCE.COM
1 – Your assessment is essentially an appraisal of your property’s value, considering both changes in land value, including things such as rezoning nearby, and improvements to the building, set by the B.C. Assessment Authority as of July 1 every year.
“Whatever (market) changes happened after July 1, 2016, will be factored into 2018 assessments,” Grant said.
2 – Municipalities use assessments to adjust property-tax rates to account for changes in assessed values for various property classes. The concern for homeowners is whether their assessment rose by more than the average for their property class. If so, Grant said, they will see a tax increase larger than a municipality’s general increase. Homeowners whose assessments rose by less than the average will get a tax break.
3 – The provincial government uses property assessments to establish eligibility for the B.C. Homeowners Grant (the $570 per household grant offered to help defray property taxes on homes that are their principal residence). The threshold value for 2016 was set at $1.2 million, above which the grant is reduced $5 per $1,000 value. However, Finance Minister Mike de Jong said Tuesday that the province is reviewing the threshold considering soaring assessments.
4 – Homeowners with questions about their assessments can go online at B.C. Assessment’s e-valueBC site to check how their assessment compares with their neighbours and comparable property sales that would have been used in setting the value. If that doesn’t answer questions, they’re welcome to call B.C. Assessment, said Brian Smith, deputy assessor for the Fraser Valley. It gives assessors a chance to figure out if there are any discrepancies.
“We always encourage people to call us first,” Smith said. “Sometimes it’s something we’re able to easily resolve, or with a potential better understanding of where their assessment does come from, people are more content with having seen that type of increase.”
5 – Homeowners have the right to formally appeal their assessments if they still disagree with the result, said Grant. “Failing an understanding at that level, (homeowners) can certainly file an independent complaint,” he said. Those are heard by three-member independent, property assessment review panels in each community. The deadline to appeal is Jan. 31. Typically, one to two per cent of homeowners appeal assessments, Grant said.
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