What is my BC Assessment value, and how do I dispute it?
It's BC Assessment's estimate of what the property would have sold for on July 1 of last year, and you dispute it by filing a notice of complaint by January 31 for a review panel to hear.
Opens the report at this answer. A PID always finds the lot; an address needs an exact match.
What the answer means
Every property in BC is valued each year by BC Assessment, and that value, with its class, is what property tax rates are multiplied by. The notice comes around the new year; a value or class you think is wrong can be put to an independent review panel, then to an appeal board.
- What the value is
- The assessed value is the property's market value, what it would likely have sold for, as of July 1 of the year before the tax year, taken as if the property were in the physical condition and permitted use it had on October 31 that year (Assessment Act s. 18). So a house finished, damaged or rezoned by October 31 counts, and the market's change since July 1 doesn't.
- The notice
- BC Assessment completes a new roll by December 31 each year and sends each owner a notice; the roll is the one that year's property tax is worked out on (s. 3). The notice splits the value into land and buildings and gives the property's class.
- The class
- Each property, or each part of it, falls in one or more of nine classes: residential (class 1), utilities, supportive housing, major industry, light industry, business and other (class 6), managed forest land, recreational property and non-profit (class 8) and farm (class 9); a property can be split between classes (Prescribed Classes of Property Regulation). Each class has its own tax rate, so the class can matter as much as the value.
- What you can dispute
- That a name or the description of the land or buildings is wrong, that the property isn't assessed at its market value, that it's in the wrong class, or that an exemption was wrongly allowed or refused (s. 32 (1)). The tax rate, which the council and the Province set, isn't among the grounds.
- January 31
- File a notice of complaint with BC Assessment by January 31 of the year after the roll is completed (s. 33 (2)); BC Assessment moves the date to the next business day when it falls on a weekend (February 2 in 2026). Anyone may complain about any property's entry. BC Assessment asks owners to call first, as many concerns are settled by agreement without a hearing.
- The review panel
- A Property Assessment Review Panel, independent of BC Assessment and the local government and appointed by the Minister of Finance, hears complaints between February and March 15 (s. 38); the complainant has to show the entry is wrong (s. 40). A late complaint may still be heard if the panel decides it should; BC Assessment's page asks for a call before mid-March.
- April 30
- A panel's decision can be appealed to the Property Assessment Appeal Board, for a fee, by April 30 (s. 50 (3)); an owner who missed the panel can ask the board for leave to appeal (s. 50 (1.1)). A board decision goes to the BC Supreme Court only on a question of law (BC Assessment's about appeals page).
- Long-time owners
- An owner who has lived in the home as their principal residence for the whole 10 years to October 31 can ask, by January 31, for it to be valued on its use as a home only, not on what the land could be redeveloped for (s. 19 (8)); a spouse it passes to keeps it (s. 19 (9)).
- What it means for a buyer
- The price you pay isn't the assessed value, and next year's notice won't simply match it: it follows the market on July 1. The home owner grant's threshold and the tax deferment program's equity test read the assessed value, so check the seller's latest notice, or BC Assessment's online search, before you budget the tax.
Our summary of the Assessment Act (RSBC 1996, c. 20, ss. 3, 18, 19, 32, 33, 38, 40, 50) and the Prescribed Classes of Property Regulation (B.C. Reg. 438/81) on BC Laws, and BC Assessment's appeals and about appeals pages, read 2026-10-20. We use no BC Assessment data: a report gives the tax rates, never a value.
Sources, read 2026-10-20 and summarised in our words unless marked otherwise: Assessment Act, RSBC 1996, c. 20, ss. 3, 18, 19, 32, 33, 38, 40, 50; Prescribed Classes of Property Regulation, B.C. Reg. 438/81; Appeals, BC Assessment; About appeals, BC Assessment.
Before you buy: who to ask
- The seller or their agent
- What was this year's assessed value and class, and has the assessment been appealed or changed?
- Your lawyer or notary
- Is the tax for this year paid, and how is it split between us at completion?
- BC Assessment
- Does the notice describe the land and buildings as they are, and is any part of the property in another class?
Look up the lot above: its report gives the tax rates for its place and the tax on a value you type, before the home owner grant.
See also property tax rates, farm status, property tax deferment and the speculation and vacancy tax.