Attachment 36 - 2025 Property Assessment Notice
The 2025 BC Assessment notice for 12 Vickery Road showing the land and building valuation.
2025 PROPERTY ASSESSMENT NOTICE
This is not a tax notice. Tax notices are issued by local governments and taxing authorities. No action is required unless you disagree with your assessment.
Property Location & Description
12 VICKERY RD LOT B, PLAN VIP18407, SECTION 91, ESQUIMALT LAND DISTRICT, EXCEPT PLAN 3768RW PID: 003-762-491
Property Identification
- Reference #: 0230 3276
- Area: 01-Capital
- Jurisdiction: 401-Town of View Royal (SD61)
- Roll: 06858.020
- School District: 61-Greater Victoria
- Neighbourhood: 011
2025 Assessment – represents your property value as of July 1, 2024
| Assessed Value | Value | Class |
|---|---|---|
| Land | 717,000 | |
| Buildings | 478,000 | |
| 2025 Assessed Value | $1,195,000 | 01-Residential |
| 2025 Taxable Value | $1,195,000 |
YOUR PROPERTY VALUE CHANGE
The graph above shows average change for residential property types (e.g. homes, townhouses, condos, etc.). View changes by neighbourhood at bcassessment.ca/map. If you are considering an appeal, please see back of notice for more information.
YOUR PROPERTY VALUE HISTORY
| Year | Change | Value |
|---|---|---|
| 2025 | +9% | $1,195,000 |
| 2024 | +10% | $1,093,000 |
| 2023 | +45% | $992,000 |
| 2022 | +27% | $684,700 |
Important messages about your 2025 Assessment
- Visit bcassessment.ca and create a free account to unlock additional features such as favourites, comparisons and our interactive map.
- A property detail validation request was sent to you in 2024 in order to complete re-inventory of residential properties in your area, and no response was received. Please go to bcassessment.ca to review and confirm or update your property details.
- If you own land for the benefit of a corporation, a trust or legal partnership, you must check if you need to file with the Land Owner Transparency Registry. See landtransparency.ca for more information.
The Assessment Office for this property is:
Victoria Assessment Office 400-3450 Uptown Blvd Victoria BC V8Z 0B9 01-61-401-06858.020
IMPORTANT DATES
- July 1, 2024: Assessed value is the property's market value as of this date.
- October 31, 2024: Assessed value reflects property's physical condition and permitted use as of this date.
- JAN 31: THE DEADLINE FOR FILING A NOTICE OF COMPLAINT (APPEAL) IS JANUARY 31, 2025
Important information about the complaint process can be found on the back page.
CONTACT US
For more information about your assessment, go to bcassessment.ca, where you can search for your property, compare your assessment, and update your mailing address.
Call us at 1-866-825-8322 or 604-739-8588.
Reference #: 0230 3276
YOUR ASSESSMENT RELATIVE TO YOUR PROPERTY TAXES
An increase in your assessment does not necessarily mean an increase in your property taxes. Property tax changes are generally impacted by your assessment's change relative to your taxing jurisdiction's average assessment change for your property class.
If your property value increases above the jurisdiction's average assessment change, your property taxes may increase.
Learn more at bcassessment.ca/propertytax.
Contact your local government or taxing authority if you have questions about your property taxes.
How to review your property assessment
- Does my assessment reflect its market value as of July 1st?
- Visit bcassessment.ca, enter your address and view Sample Sold Properties for market values.
- Contact us if you still have questions.
| Your Property's Value Change | Property Tax Impact* |
|---|---|
| LOWER than Average Change for Property Class | Taxes Likely DECREASE |
| SIMILAR to the Average Change for Property Class | Taxes Likely DO NOT CHANGE |
| HIGHER than Average Change for Property Class | Taxes Likely INCREASE |
*assumes stable tax rates for your local government and other taxing authorities.
WHAT IF I BELIEVE MY ASSESSMENT IS INCORRECT?
Visit bcassessment.ca to check your property information, compare your assessed value to other similar properties and review recent sales. If you would like to discuss this further, please call us at 1-866-825-8322 or 604-739-8588.
If you think your assessment is incorrect, you may file a Notice of Complaint (appeal) for a formal hearing with an independent Property Assessment Review Panel (PARP).
Available at bcassessment.ca, the Notice of Complaint (appeal) form can be filed online or by mail to your local BC Assessment office, and must be filed by the January 31, 2025 deadline.
Hearings are held between February 1 and March 15, 2025. A notice of hearing will be sent to you by mail and should arrive five days before your hearing. Any evidence you have compiled for the Panel to review at the time of the hearing must be uploaded to the PARP Online Evidence Submission System at www.parponlineevidencesubmission.gov.bc.ca.
Do not wait for the hearing notice to arrive to begin preparing or uploading evidence that you wish to provide to the Panel. If you are unavailable in February-March, please contact BC Assessment about providing a written submission for Panel review. Rescheduling hearings may not always be possible.
SHOULD I CONSIDER FILING AN APPEAL?
If you have discussed your concerns with BC Assessment, and still believe one or more of the following is incorrect:
- The Owner/Lessee Information.
- The value of the property as of July 1, 2024.
- The class of the property.
- The application of tax exemptions, if any, to the property.
The burden of proof rests with the complainant and you must provide evidence in support of your position.
Property Assessment Review Panel Hearings are conducted by a conference call/online or written submission process.
For more information about the complaint process, visit gov.bc.ca/propertyassessmentreview or call the toll-free information line 1-877-356-9313.
JAN 31: THE DEADLINE FOR FILING A NOTICE OF COMPLAINT (APPEAL) IS JANUARY 31, 2025
FIND OUT MORE BY REGISTERING AT BCASSESSMENT.CA
We respectfully acknowledge the Indigenous communities on whose traditional and unceded territories we live and work.