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%

Calculations from BC Assessment were made to reflect the value of each home in 2024, according to market value as of July 1, 2023.

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