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Volume 68, No. 1 | Thursday, January 7, 2016
Visit us online at www.crestonvalleyadvance.ca
Discovery Real Estate
Tyler Hancock, ABR 250-428-9916
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Bringing Buyers & Sellers together for 24 years
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www.tylerhancock.ca Office: 250-428-2234 1013 Canyon St. Creston, BC
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HE SHOOTS — Fernie Ghostrider Trevor Broad (left) follows Creston Valley Thunder Cat Sebastian Kilcommons during the Dec. 31 game in Creston, which the Thunder Cats won 4-3 in overtime. For the full story, turn to page 4.
Slight increase for property assessments
Special rate for monthly bookings Call Anita 250-428-2266 sales@crestonvalleyadvance.ca
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20252 00104 6
BY LORNE ECKERSLEY Advance Staff
Creston area property owners should not expect dramatic changes in the 2016 property assessments they should receive in the mail this week. “Most homeowners within the region can expect an increase, compared to last year’s assess-
ments,” according to Ramaish Shah, the region’s deputy assessor for BC Assessment. They “will see modest increases depending on their location.” The owner of a home within Town of Creston boundaries valued in 2015 at $217,000 could see it rise to $225,000 this year, an increase of less than four per cent. Property assessments are used
What Moves You?
Michael Carpenter Sheldon Browell Broker/Owner
Tyler Hancock, ABR, PREC
Ingrid Voigt
Daryl Porter
Sara Malyk
Brad Burnett
by municipal, regional and provincial governments as the base for taxation rates. If a property value rises at the average rate, tax increases will likely be modest. Creston town council, for instance, has directed its staff to keep the overall budget increase the same as the rise in the cost of living. Single-family residences — homes and condominiums — are
typically rising by zero to 10 per cent, Shah said. Commercial and light industrial properties are changing by plus or minus five per cent. Changes in property assessments reflect movement in the local real estate market and can vary greatly from property to property.
Discovery Real Estate • 1013 Canyon St., Creston • 106 33rd Ave. S., Hwy. 3, Erickson
www.remaxcreston.com
Office 250-428-2234 • Toll Free 1-877-428-2234
For all the things that move you. 428-6594
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SEE PROPERTY, PAGE 2