BC Assessment values
BC Assessment posted updated property assessed values on January 1st, 2019, assessed on July 1, 2018. I use these values as a conservative value when calculating my networth. All my properties have gone up in value. My most recent acquisition in Campbell River is still valued at less than what I purchased it for. These values do not represent "market value" but I like to use this site often as I check recent sold prices near my investments. Here is my breakdown:
Surrey townhouse increased 22% (Almost double what I purchased it for in 2010)
Sechelt house increased 10%
Nanaimo house 1 (desirable area) increased 7%
Nanaimo house 2 (less desirable area compared to #1) increased 12%
Campbell River house increased 10%
My investment portfolio assessed value went up approx. $220,000.
My primary residence (Richmond) went up 13%, over $160,000. (Increased 350% since purchase in 2005)
How do your properties compare?