2024 assessments drop

Homeowners in Port Alberni saw their property values drop an average of 2% this year according to BC Assessments

North Port property values dropped the most at 4.3% while South Port dropped 2.8% and rural areas were down 1.1%

Assessed values increased very slightly at 0.2% in Central Port

Business properties saw a 6.3% increase in value, while light industrial went up 7.2%