is mailing out notices to more than 1,089,000 Lower Mainland properties based on values on July 1, 2022.Start your day with a roundup of B.C.-focused news and opinion delivered straight to your inbox at 7 a.m., Monday to Friday.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc.
The same holds true for commercial and industrial properties, with values about five to 20 per cent higher than last year’s assessments, with generally bigger increases in the Fraser Valley. For property assessment purposes, the Lower Mainland is defined as Greater Vancouver, the Fraser Valley, the Sea to Sky area and Sunshine Coast.Article content
Condo and townhome values went up about 20 per cent in White Rock, Langley City and Abbotsford, with big increases also in Whistler , the Tri-Cities , Surrey , Delta and Maple Ridge .