B.C. Views Is gas the enviro-villain of 2013? p6
New Year’s Baby – friends called it. p3
THE NEws
Gardening Three reasons to garden in 2013. p24
www.mapleridgenews.com Friday, January 4, 2013 · serving Maple Ridge & Pitt Meadows · est. 1978 · 604-467-1122 · 50¢
Cities still spending too much Maple Ridge, Pitt Meadows in the middle: report by Ph i l M e lnych uk staff reporter
Colleen Flanagan/the News
Casting a reflection Rob Birnie fishes for cutthroat trout in the South Alouette River along Neaves Road on Sunday.
Local property values stable Assessment notices are being mailed out by Phil M elnyc h u k staff reporter
Are you going to be on the down side of the real estate bubble as it slowly deflates to more realistic prices? You’re OK for this year at least, according to B.C. Assessment, which announced the mailing of its annual notices this week.
“Things have remained relatively stable,” in Maple Ridge, said deputy assessor John Green. While values dipped for the pricier properties in Vancouver, the local market is showing minimal movement. “Most homeowners throughout the Fraser Valley will see minimal changes in the value of their properties,” he added in a news release. In Maple Ridge, a single family home valued at $441,000 in 2012 is dropping to $438,000 in 2013, less than a one-per-cent decrease. In Pitt Meadows, a single family
home valued at $503,000 in 2012 is dropping to $492,000 – a twoper-cent decrease. Green pointed out assessments are set each year based on the market value on the previous July 1. When property prices in Maple Ridge and Pitt Meadows between July 2011 and July 2012 are considered, there’s little difference. Most people, when they open their envelopes containing their assessment notices, will see little change. What happens next year, though, could be a different story.
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“It really depends on what happens between now and July 1 next year. If the market continues to soften, then yes, values would come down. If the market recovers, then values and assessments would follow what happens in the market.” However, he said housing markets in the Lower Mainland are starting to soften, particularly in west Metro Vancouver, in particular Vancouver. “I can say that in the east, we’re seeing less signs of that.”
B.C. Views Opinion Letters Real estate Gardening sports Classifieds
Cities are slowing their spending, but not putting the brakes on hard enough, says the Canadian Federation of Independent Businesses. And Maple Ridge and Pitt Meadows are right in the middle of the pack, speeding along the path towards a possible fiscal crash, according to this year’s version of Municipal Spending Watch. In its December 2012 report, Maple Ridge scored 94, and Pitt Meadows, 43. The worst- Elkerton performing municipality was Lytton, with a score of one, while the best performing was Mission, with a score of 146. The ranking system compares the increase in per-capita spending and the general increase in spending, with the population growth from 2000 to 2012. The scale says Pitt Meadows spending increased by 113 per cent in the last decade, while its population grew by only 19 per cent. Meanwhile, its per-capita spending increased by 79 per cent. It’s an issue that’s been bothering Pitt Meadows Coun. Janice Elkerton. She says the city hasn’t changed its policies to reflect the tough economic times and says she hasn’t supported the budget the past couple of years. “Nothing’s really changed in the way that finance was done in municipal hall. Taxes continued to increase. Spending continued to increase.”
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