2016 property assessments were released in January.
Upon receiving your individual property assessment, you may have wondered about the broader big picture of British Columbia’s 2016 property assessments.
Here are some notable numbers to know:
- The updated total number of all properties for 2016 is 1,996,112, an approximate 1.06% increase from 2015.
- The total value of all real estate for 2016 is $1,336,100,851, 128 ($1.34 trillion), an 11.1% increase from 2015.
- The total amount of ‘non-market change’, including new construction, subdivisions and rezonings is approximately $20.36 billion, an increase of 8.9% from 2015’s $18.69 billion.
- The top valued residential single family dwelling property is $63.9 million (up from $57.6 million in 2015), a home on Point Grey Road in Vancouver.
A full list of British Columbia’s top 500 valued residential properties and top 100 per region are available on our Property Information & Trends page, along with a lot of other 2016 Assessment Roll property information including videos, statistics, tables, and graphs.