Many property owners can relate the value of their property to the assessed value; however, very few know whether their property is equitably assessed in comparison to similar properties within the area.
The value may be reasonable but your property may be over-assessed in comparison to similar, or competing properties.
Most property owners are also not be aware that they are entitled to the lower of either the market value, or the equitable value, of their property. Our professional review service will provide peace of mind that your property has the lowest assessed value possible and is correctly classified.
OUR ASSESSMENT REVIEW WILL OFFER SEVERAL SERVICES INCLUDING
- Reviewing your current Property Valuation Summary (PVS) and compare to actual revenue (if applicable) and bring to the assessor’s attention any discrepancies the review identifies.
- Ensuring that valuations are made in accordance with accepted appraisal theory, provincial legislation, valuation and cost manuals.
- Identifying comparable properties in the area to determine equitability of your assessment with the assessment of similar properties.
- Negotiating equitable settlements with BC Assessment appraisers.
- Assembling and preparing evidence and reports to support our position.
- Filing appeals, preparing valuation reports and appearing before Assessment review panels and assessment appeal boards.
PROPERTY TYPES WE REVIEW
- General commercial
- Office buildings
- Shopping centres
- Hotels and Motels
- Vacant commercial development
- Residential development land
- Industrial (vacant and improved)
- Golf courses
- Care Facilities
- Special use properties
- Multi-family (vacant and improved)
- Neighbourhood pubs & liquor stores
- Self storage facilities
- Commercial strata’s
“Kent-Macpherson has been our family and businesses real estate valuation professionals for over 20 years. Whether at Tallus Ridge, or our many past and current real estate ventures, Kent-Macpherson consistently provides quality and reliable real estate advice we respect and trust.”