2016 Preliminary Assessment Media Kit

Contents

– Key Messages

– Provincial Work Unit Map

– Market Value Timeline

– Sales by Work Unit

– Permits by Work Unit

– Additional Links and Information

Key Messages

• PVSC has released 2016 Preliminary Assessments to the

public.

• Property owners are encouraged to view their detailed ‘My

Property Report’ and contact PVSC if they have questions,

would like to provide additional property information, or wish to

further discuss their property.

• Preliminary assessments are reflective of market values as of

January 1, 2014 (base date).

Market Value Timeline

4

• Values for the upcoming 2016 assessment roll will reflect a

valuation date of January 1, 2014 (called the base date)

• PVSC analyzes sales six months on both sides of the base date

• The date used to determine the state of the property for the

2016 assessment roll will be December 1, 2015 (called the

state date)

Work Unit I Sales

Work Unit I

Assessment

YearResidential Apartment Commercial

2016 (base date: July

2013 – June 2014)

6,818 22 345

2015(base date: July

2012 – June 2013)

6,711 28 327

Work Unit II Sales

Work Unit II

Assessment

YearResidential Apartment Commercial

2016(base date: July

2013 – June 2014)

10,386 113 417

2015(base date: July

2012 – June 2013)

12,385 119 426

Work Unit III Sales

Work Unit III

Assessment

YearResidential Apartment Commercial

2016(base date: July

2013 – June 2014)

8,376 46 401

2015(base date: July

2012 – June 2013)

9,041 44 381

Work Unit IV Sales

Work Unit IV

Assessment

YearResidential Apartment Commercial

2016(base date: July

2013 – June 2014)

8,527 56 413

2015(base date: July

2012 – June 2013)

9,332 80 636

Work Unit I Permits

Work Unit I

Assessment Year Total Permits Issued

20162,588

(Dec. 1, 2014 – Oct. 7, 2015)

2015 2,681(Dec 1, 2013 – Nov 30, 2014)

Work Unit II Permits

Work Unit II

Assessment Year Total Permits Issued

20163,782

(Dec. 1, 2014 – Oct. 7, 2015)

2015 4,000

(Dec 1, 2013 – Nov 30, 2014)

Work Unit III Permits

Work Unit III

Assessment Year Total Permits Issued

20161,916

(Dec. 1, 2014 – Oct. 7, 2015)

2015 2,037

(Dec 1, 2013 – Nov 30, 2014)

Work Unit IV Permits

Work Unit IV

Assessment Year Total Permits Issued

2016 2,842(Dec. 1, 2014 – Oct. 7, 2015)

2015 2,513

(Dec 1, 2013 – Nov 30, 2014)

Additional Links and Information

• PVSC: Mission, Vision and Goals

• Video: How We Value Property

• Tools: Find an Assessment

• epost: Online Assessment Notice Registration

Contact Information:

Website: www.pvsc.ca

Service Centre: 1-800-380-7775, M-F, 8:30am – 4:30pm

Media Contact: Rebecca Vorstermans, (902) 802-8571