2026 BC Assessment- Available Now
🏠 What Is BC Assessment?
Your assessed value is meant to reflect an estimate of your home’s market value as of July 1 of the previous year (2025). That timing is important, because it means the number you see is based on past market conditions—not what homes may be selling for today.
BC Assessment is an independent Crown corporation that determines the assessed value of every property in British Columbia. These values are used by municipalities as one of the tools to calculate property taxes each year.
🔍 How to Check Your BC Assessment Online
BC Assessment makes it easy for homeowners to look up their property information online. Through their website, you can view your current and past assessments, review basic property details, and even see how your home compares to others in your neighbourhood.
👉 Access your BC Assessment here:
https://www.bcassessment.ca
Properties can be searched by address, folio number, or owner name. This tool is especially useful if you’re thinking about selling, refinancing, or simply want to better understand how your home stacks up locally. It’s also a good starting point if you’re considering an appeal.
Understanding Your BC Assessment: What Homeowners Need to Know
Every year, BC homeowners receive their BC Assessment notice in the mail, and for many people it raises more questions than answers. Why did my value go up or down? What does this actually mean for my property taxes? And is this number really what my home is worth?
If you’ve ever looked at your assessment and felt confused or unsure how it applies to you, you’re not alone. Let’s break down what BC Assessment is, why values change, and how you can easily look up your own property information online.
📈 Why Your Assessment May Change
One of the biggest misconceptions about BC Assessment is that a higher assessment automatically means higher property taxes. In reality, your tax bill depends on a combination of factors, including your municipality’s tax rate and how your property’s value changed compared to other homes in your area.
Assessments can change for many reasons. Sometimes it’s due to overall market shifts in your neighbourhood, even if nothing about your home itself has changed. Other times, renovations, additions, or upgrades can affect the value. New sales nearby, changes in zoning, or land-use updates can also play a role.
What matters most is not just whether your assessment went up or down, but how it compares to similar properties around you.
❗ BC Assessment vs. Market Value
This is where things often get misunderstood. BC Assessment is not the same as your home’s current market value. Because assessments are based on data from the previous year, they don’t reflect today’s buyer demand, current inventory levels, or the impact of pricing and marketing strategy.
Market value is influenced by what buyers are willing to pay right now, and that can change quickly. If you’re planning to buy or sell, relying solely on your assessment can be misleading.
A comparative market analysis (CMA), which looks at recent sales, active listings, and local trends, will give you a much clearer picture of what your home could realistically sell for in today’s market.
For an accurate understanding of your home’s current market value, contact us today to receive a Comparative Market Analysis.