Some assessments for properties on the lake have spiked by up to 40 per cent — far above the average 10 to 20 per cent hike on the Island.
Some homeowners along the shores of Cowichan Lake are challenging property assessments that have spiked by up to 40 per cent — far above the average 10 to 20 per cent hike on the Island.
Augustine lives on a fixed income and said his pension does not keep up with cost-of-living increases. If his property taxes rise substantially, he said: “You have to reassess your life and see if you can still live in it [the house] with that amount of taxes.” He successfully appealed his assessed value at a hearing last month. He is waiting for formal confirmation but believes the value was reduced by about $80,000, which he called a “small improvement.”
Real estate agent Jason Anson is representing a group of 23 homeowners, mainly on the Youbou waterfront, who are fighting their assessments. Anson said after he spoke to the property assessment review panel on behalf of the group of 23, the bulk of the properties in the group appeal were moved up to the next level, the property assessment appeal board.
France Dernières Nouvelles, France Actualités
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