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Property assessments up 5% in Vanderhoof

Fraser Lake seeing assessed value go up 3%
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Property assessments are up five per cent in Vanderhoof for 2025. (file photo)

Vanderhoof homeowners are looking at a five per cent increase to their property assessments, according to new information from BC Assessment.

The increase is in line with the range for the whole North Central region, which is expected to vary between a drop of five per cent to an increase of 10 per cent.

“Most North Central home owners can generally expect to see assessment changes in the range of approximately -5 per cent to +10 per cent when they check their updated 2025 values with some exceptions depending on the community," says Deputy Assessor Teria Penner. “Arrival in the mail of 2025 Assessment Notices might be delayed due to ongoing Canada Post backlogs, but 2025 values are readily available at bcassessment.ca, using our online property search service." 

The region covers 70 per cent of the province, stretching east to the Alberta border, north to the Yukon border, west to Bella Coola including Haida Gwaii and to the south, just north of Clinton.  

According to the report, the average home in the District of Vanderhoof was assessed at $319,000 in 2024, and has increased to $335,000 for 2025. The Village of Fraser Lake is seeing an increase of three per cent, going from $194,000 assessed value to $199,000.

BC Assessment's website at bcassessment.ca includes more details about 2025 assessments, property information and trends such as lists of 2025's top valued residential properties across the province and an interactive map. 

“Property owners can find valuable information on our website including answers to many assessment-related questions, and those who feel that their property assessment does not reflect market value as of July 1, 2024 or see incorrect information on their notice, should contact BC Assessment as indicated on their notice as soon as possible in January," says Penner. “If a property owner is still concerned about their assessment after speaking to one of our appraisers, they may submit a Notice of Complaint (Appeal) by January 31st, for an independent review by a Property Assessment Review Panel."

Changes to assessed value do not automatically translate to a change in property taxes, Penner added, saying that "how your assessment changes relative to the average change in your community is what may affect your property taxes."​



Marc Kitteringham

About the Author: Marc Kitteringham

I joined Black press in early 2020, writing about the environment, housing, local government and more.
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