Residential assessments are up almost six per cent across Maple Ridge. In Silver Valley, seen here, they rose on average 3.7 per cent. (Google)

Residential assessments are up almost six per cent across Maple Ridge. In Silver Valley, seen here, they rose on average 3.7 per cent. (Google)

Assessments rise in Maple Ridge and Pitt Meadows

Whonnock, Ruskin among neighbourhoods with largest increases

Assessment statements are in the mail, and residents of Maple Ridge and Pitt Meadows will see increases in their home’s value.

The average residential assessment in the city of Maple Ridge has gone up 5.8 per cent, and strata properties 2.5 per cent. Business assessments rose four per cent, and light industry 11 per cent.

Values in the eastern neighbourhoods rose most. Residences in the Whonnock neighbourhood were up 9.3 per cent, Ruskin 8.5 per cent, and in the area from 232nd to 264th Streets, between 108 and 128th Avenues, residents will see their assessments increase 9.8 per cent.

The Silver Valley and Fern Crescent area was up an average of 3.7 per cent.

Property assessments are tied to real estate transactions, and Maple Ridge city councillor Ahmed Yousef was surprised at just how hot the local market is right now, as he and his family recently bought and sold a home.

“It’s highly competitive, with extremely motivated buyers,” noted Yousef.

There is ample evidence the COVID-19 pandemic as created more demand for single family houses, and families are coming to the suburbs.

In buying a house, he was competing with 15 other offers, so could ask for no subjects or conditions.

“We ended up paying over asking [price], and we sold over asking,” he said.

His children wrote letters to the vendors, telling them how much they wanted the house.

The couple who successfully negotiated the purchase of the former Yousef home sent a video of themselves with their “irresistable” baby girl.

In the City of Pitt Meadows assessments rose 2.8 per cent for residential, 4.7 per cent for strata properties, 4.5 per cent for business and 7.7 per cent for light industry.

For Maple Ridge single-family homes, the average assessment rose from $768,000 to $814,000 in the past year, and in Pitt Meadows from $821,000 to $843,000.

“Despite COVID-19, the Lower Mainland residential real estate market has been resilient,” said BC Assessment deputy assessor Bryan Murao. “For the most part, homeowners can expect relatively moderate increases in value. This incredible strength is a stark contrast to last spring when the market came to a temporary standstill, whereas the remainder of the year had a very steady and rapid recovery.”

An increase in assessment does not necessarily mean in increase in your property taxes. Property tax changes are impacted by your assessment relative to your community’s average assessment change.

The annual assessments are an important document for both owners and local governments, as they’re used to calculate property tax rates. Council will be provided with a detailed breakdown of values by property type and neighbourhood later this year, once the appeal process is complete and BC Assessment updates the data.

READ ALSO: Maple Ridge council approves 3.6 per cent tax increase

READ ALSO: Pitt Meadows starts process of creating first parks, recreation and culture master plan

The BC Assessment Office is an independent group that calculates the values of all properties in the province. Their figures are based on property values as of July 1 of the previous year, as reflected through property sales.

There is a process to appeal your assessment, and information is available on the website There is a deadline of Jan. 31 to appeal your assessment.

Like us on Facebook and follow us on Twitter

Assessment Billmaple ridgePitt Meadows

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Ridge Meadows Search and Rescue swift water team drives up the Lower Falls trail at Golden Ears Park to help a women who lost her way. (Ridge Meadows Search and Rescue/ Facebook)
Ridge Meadows Search and Rescue aid woman stranded by waterfall

Hiker found herself unsure of the way back while walking in Maple Ridge’s Golden Ears Park

Coun. Chelsa Meadus
Maple Ridge councillor calls out province on homelessness

MLA says he has been willing to meet with the city, more addiction treatment coming

Maple Ridge city hall recently conducted a citizen satisfaction survey.
Homelessness and poverty detracting from quality of life in Maple Ridge

Citizen survey shows more than three quarters of residents are satisifed

The intersection at Harris Road and Lougheed Highway (Google)
LETTER: Pitt Meadows resident wonders why traffic signals not updated

A local man has contacted the city and road contractor with concerns to no avail

British Columbia Health Minister Adrian Dix looks on as Provincial Health Officer Dr. Bonnie Henry addresses the media during a news conference at the BC Centre of Disease Control in Vancouver B.C. (THE CANADIAN PRESS/Jonathan Hayward)
B.C. announces 485 new COVID-19 cases, fewest deaths in months

‘The actions we take may seem small, but will have a big impact to stop the virus,” urges Dr. Henry

BC Place Stadium in a photo posted to
Roof of BC Place a stage for performers during online music festival

‘This will be the first time any artists have performed from the 204-foot iconic Vancouver rooftop’

Royal B.C. Museum conservator Megan Doxsey-Whitfield kneels next to a carved stone pillar believed to have significance as a First Nations cultural marker by local Indigenous people. The pillar was discovered on the beach at Dallas Road last summer. Museum curatorial staff have been working with Songhees and Esquimalt Nation representatives to gain a clearer picture of its use. (Photo courtesy Royal BC Museum)
Stone carving found on Victoria beach confirmed Indigenous ritual pillar

Discussion underway with the Esquimalt and Songhees about suitable final home for the artifact

RCMP. (Phil McLachlan - Black Press Media)
Driver crashes vehicle twice in one day near Princeton

Abbotsford woman, 29, wasn’t injured in either incident

Cannabis bought in British Columbia (Ashley Wadhwani/Black Press Media)
Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

Former Vancouver Giants forward Evander Kane is seen here in Game 7 of the second round of the 2009 WHL playoffs against the Spokane Chiefs (Sam Chan under Wikipedia Commons licence)
Gambling debts revealed in details of bankruptcy filing by hockey star Evander Kane

Sharks left winger and former Vancouver Giants player owes close to $30 million total

Othman “Adam” Hamdan, pictured in front of Christina Lake’s Welcome Centre, was acquitted of terrorism related charges in 2017. He has been living in Christina Lake since November 2020. Photo: Laurie Tritschler
Man acquitted on terrorism charges awaits deportation trial while living in Kootenays

Othman Ayed Hamdan said he wants to lead a normal life while he works on his upcoming book

B.C. Premier John Horgan wears a protective face mask to help prevent the spread of COVID-19 prior to being sworn in by The Honourable Janet Austin, Lieutenant Governor of British Columbia during a virtual swearing in ceremony in Victoria, Thursday, November 26, 2020. THE CANADIAN PRESS/Jonathan Hayward
Premier Horgan calls jumping COVID vaccine queue ‘un-Canadian’

Horgan says most people in B.C. are doing their best to follow current public health guidelines

Prime Minister Justin Trudeau, left, and Vancouver Mayor Kennedy Stewart share a laugh while speaking to the media before sitting down for a meeting at City Hall, in Vancouver, on Friday August 30, 2019. (THE CANADIAN PRESS/Darryl Dyck)
Vancouver mayor, Health Canada to formally discuss drug decriminalization

Kennedy Stewart says he’s encouraged by the federal health minister’s commitment to work with the city

Most Read