Twenty-one Cowichan Lake-area homeowners have won $10.5 million in rollbacks on their property assessments, saving them thousands of dollars in taxes.
She said she grew up in the house, which was built by her father in the late 1940s, and had feared that she might be forced to sell it because of high taxes. The highest-value house in the group was initially assessed at $3.7 million but that was reduced to $2.5 million on appeal, Anson said. The four property owners who did not receive any assessment reduction have the option of appealing to the Supreme Court of B.C.“I’m definitely going to go to the Supreme Court on this,” he said Friday. “It’s win or lose. I don’t think I’ll lose.”
Floyd Augustine, 86, had more success in challenging the $2.136 million assessment for his Youbou home, which he purchased for $4,000 in 1960. The former mill worker was pleased to hear that his assessment had been reduced to $1.5 million and he can expect a tax refund of about $3,000, Anson said. Ben Mittelsteadt, B.C. Assessment communications manager, had no immediate comment on the new assessments, saying the office had just received the appeal results and needed time to review.
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