At the end of his day, Lucas Philips drives to his home overlooking Spanish Banks Beach in Vancouver, near some of the most expensive real estate in Canada. He climbs out of his black Tesla and soaks up what he calls his “million-dollar view.” But Philips is no wealthy property owner. His home is a Vanguard campervan berthed in a…
The latest round of B.C. property assessments was released Tuesday, and for most homeowners, the assessed value of their property has climbed by five to 15 per cent. That’s despite a softening market with sales and prices sliding amid repeated interest rate hikes last year. The annual property assessments are based on valuations taken the previous July, and BC Assessment’s…
