Sky’s the Limit in BC

Vancouverbirdseye

Once again, January brings the annual shock from the West Coast.

The B.C. Assessment Authority has released their list for 2016 of the top valued home assessments in the province .  As always, it is hair-raising viewing.

The Vancouver Sun reports that as many as 55,000 British Columbia homeowners are now above the previous year’s  $1.1 million threshold for receiving the provincial homeowner’s grant on their property tax.

The highest assessment was $63,870,000 for a home in Vancouver’s Kitsilano district.

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Vancouver home:  nearly $64 million in assessed value for 2016.

Number two was in Point Grey(Vancouver) at $57,058,000.

Third place went to a property in the Gulf Islands which clocked in at a mere $51,621,000.

If you are heading for the coast, please remember to take your own refrigerator box.

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