Notice of assessment and how it affects your taxes

I have been receiving a lot of calls regarding my clients’ home values in regards to their assessed value, in some cases going up by more than 50% from their previous assessment last year.

Not to worry as you will be happy to hear that your property taxes will not be changing that much!

Here are 2 links that will take you directly to the Township of Langley website and the city of Surrey website page that explain exactly how they calculate taxes and show how your taxes will NOT be increasing a lot even though your assessed value might have sky rocketed.

Langley: http://www.tol.ca/About-the-Township/Municipal-Government/Taxes

Surrey: http://www.surrey.ca/city-services/593.aspx