Property owners in Merritt can expect to receive their 2015 assessment notices in the mail over the next few days.
Overall, property values remained stable compared to last year’s assessment roll from BC Assessment, the organization that assesses property values each year across the province.
Most of the 3,500 homes throughout Merritt can expect the change in their property values to be in the -10 per cent to five per cent range.
Property owners who feel their assessments are not reflective of market value as of July 1, 2014 or who find incorrect information on their notices can contact BC Assessment to speak with an appraiser.
In all, Merritt’s assessment roll increased to over $893 million this year. Just over $5 million was added through subdivisions, rezoning and new construction.
The total value of the 1.9 million properties assessed on the 2015 assessment roll is $1.2 trillion, which is up nearly six per cent from 2014.
For more information, visit bcassessment.ca.
