By: Vancouver Real Estate Today

How Does BC Assessment Influence My Property Taxes?

Tags: Learn

In this short informative video, we shed light on the property tax equation. Viewers will find answers to questions, including How is the municipal property tax calculated? How does fluctuation in my home’s assessment affect my municipal property taxes? If the value of my property increases, does the City get extra revenue?Why does my municipal property tax go up more than the property tax increase approved by Council? Does anything else factor into my property taxes?

 

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