Down $3k and same. Did a bunch of exterior renos and new windows so who knows how they figure it out?
Did you do the work with permits and do everything through City Hall? If not, BC assessment won’t know you did the work.
Even though my area has nothing on file and I could have done it without permits I did use the permit system. I wanted to make sure the work was done to code. Put in a 200amp electrical panel, pre wired for a heat pump and electric charger for a vehicle and enclosed the carport.
I checked many of the properties in my area. The building value went down 10% on pretty much all the houses and the land value went up about the same amount as the building went down. So in most cases, damn near identical to the previous year. Very odd that yours doubled unless you did some major reno work.
That’s the thing in my area values are up a little but for some reason mine is way up with no major changes. Going to be interesting to see how they justify it.
The main ask was to determine if BCA had access to the knowledge of work done, which could have been the reason for a raise in value. (the automatic combing of your local city hall building records to speed up this aspect of the yearly system value change)
