“But My BC Assessment Says…” — a phrase we hear often and understandably so. BC Assessments offer a useful reference point, but they don’t always align with what’s happening in the market right now.
In this post, we’ll look at this month’s closed sales, comparing sale prices to BC Assessment values.
DETACHED
| Address | Sale Price | BC Assessment | Difference | Brokerage |
|---|---|---|---|---|
| 7563 Sechelt Inlet Road | $825,000 | $819,000 | +$6,000 | Royal LePage Sussex |
| 649 Dougall Road | $725,000 | $675,400 | +$49,600 | RE/MAX City Realty |
| 91 Clark Road | $901,000 | $889,000 | +$12,000 | Sutton West Coast Realty |
| 4563 Francis Peninsula Road | $550,000 | $565,000 | –$15,000 | RE/MAX Oceanview |
| 1418 Stardust Place | $1,395,000 | $1,119,000 | +$276,000 | Sutton West Coast Realty |
| 1546 Larchberry Way | $725,000 | $778,000 | –$53,000 | RE/MAX City Realty |
| 495 Gavin Road | $623,000 | $516,000 | +$107,000 | Macdonald Realty |
| 5467 Carnaby Place | $712,000 | $758,000 | –$46,000 | Blu Realty |
| 793 Creekside Crescent | $770,000 | $789,000 | –$19,000 | Sutton West Coast Realty |
| 6034 Parkview Place | $740,000 | $785,000 | –$45,000 | Royal LePage Sussex |
| 6565 Pickleball Court | $980,000 | $924,000 | +$56,000 | Royal LePage Sussex |
| 116 Kelly Road | $1,000,000 | $889,000 | +$111,000 | RE/MAX City Realty |
| 1533 Park Avenue | $1,070,000 | $1,119,000 | –$49,000 | Royal LePage Sussex |
| 4376 Cameo Road | $730,000 | $724,000 | +$6,000 | Sutton West Coast Realty |
| 5121 Betty Road | $920,000 | $960,000 | –$40,000 | RE/MAX Oceanview |
| 83 Chadwick Road | $1,020,000 | $967,000 | +$53,000 | Sutton West Coast Realty |
| 579 Gibsons Way | $1,080,000 | $996,000 | +$84,000 | RE/MAX City Realty |
| 4946 Laurel Avenue | $965,800 | $928,000 | +$37,800 | RE/MAX City Realty |
| 5287 Little Lane | $627,500 | $564,500 | +$63,000 | RE/MAX Oceanview |
| 1171 Roberts Creek Road | $1,025,000 | $1,114,000 | –$89,000 | Royal LePage Sussex |
| 7553 Todd Road | $1,380,000 | $1,245,000 | +$135,000 | RE/MAX City Realty |
| 10817 Wood Bay Ridge Road | $1,100,000 | $1,211,000 | –$111,000 | Royal LePage Sussex |
| 1408 Park Avenue | $1,090,000 | $1,141,000 | –$51,000 | RE/MAX Oceanview |
| 5532 Derby Road | $1,099,000 | $1,131,000 | –$32,000 | RE/MAX Oceanview |
| 763 Tricklebrook Way | $625,000 | $738,000 | –$113,000 | RE/MAX City Realty |
| 1142 Rosamund Road | $785,000 | $788,000 | –$3,000 | RE/MAX City Realty |
| 1225 Roberts Creek Road | $715,000 | $683,000 | +$32,000 | Sutton West Coast Realty |
| 1223 Boyle Road | $1,525,000 | $749,991 | +$775,009 | Sutton West Coast Realty |
| 8079 Wildwood Road | $920,000 | $717,000 | +$203,000 | RE/MAX Oceanview |
| 790 Creekside | $810,000 | $732,000 | +$78,000 | Sutton West Coast Realty |
| 6420 Norwest Bay Road | $628,500 | $805,000 | –$176,500 | RE/MAX Oceanview |
| 7843 Eagle Drive | $1,095,000 | $1,043,000 | +$52,000 | Sotheby’s International Realty |
| 6155 Highmoor Place | $1,150,000 | $1,252,000 | –$102,000 | RE/MAX City Realty |
| 537 Abbs Road | $1,665,000 | $1,304,000 | +$361,000 | Royal LePage Sussex |
| 5126 Pam Road | $1,085,000 | $1,158,000 | –$73,000 | Royal LePage Sussex |
| 5636 Andres Road | $850,000 | $782,000 | +$68,000 | RE/MAX Oceanview |
| 6447 Jasper Road | $1,620,000 | $1,428,000 | +$192,000 | RE/MAX Oceanview |
| 4224 Packalen Boulevard | $1,675,000 | $1,654,000 | +$21,000 | RE/MAX City Realty |
| 2016 Mount Artaban Road | $1,360,000 | $748,000 | +$612,000 | Macdonald Realty |
| 261 Esplanade Road | $712,000 | $505,000 | +$207,000 | Royal LePage Elite West |
| 769 Seacot Way | $721,000 | $746,000 | –$25,000 | RE/MAX City Realty |
| 6330 Oracle Road | $775,000 | $845,000 | –$70,000 | RE/MAX City Realty |
| 2873 Lower Road | $2,900,000 | $3,132,000 | –$232,000 | RE/MAX City Realty |
ATTACHED
| Address | Sale Price | BC Assessment | Difference | Brokerage |
|---|---|---|---|---|
| 48 689 Park Road | $540,000 | $547,800 | –$7,800 | Sotheby’s International Realty |
| 5396 Wakefield Beach Lane | $995,000 | $944,000 | +$51,000 | Royal LePage Sussex |
| 1 689 Park Road | $525,000 | $406,400 | +$118,600 | RE/MAX City Realty |
| 19 728 Gibsons Way | $785,000 | $750,000 | +$35,000 | RE/MAX City Realty |
| 309 5682 Wharf Avenue | $554,000 | $515,000 | +$39,000 | Royal LePage Sussex |
| 5398 Wakefield Beach Lane | $1,075,000 | $980,000 | +$95,000 | Engel & Volkers Vancouver |
| 203 10163 Mercer Road | $494,000 | $592,100 | –$98,100 | RE/MAX Oceanview |
| 5 12710 Lagoon Road | $450,000 | $484,000 | –$34,000 | Sotheby’s International Realty |
| 112 736 Gibsons Way | $485,000 | $489,000 | –$4,000 | Sotheby’s International Realty |
| 5918 Oldmill Lane | $700,000 | $669,000 | +$31,000 | Royal LePage Sussex |
| 106 518 Shaw Road | $570,000 | $543,000 | +$27,000 | RE/MAX City Realty |
LAND
| Address | Sale Price | BC Assessment | Difference | Brokerage |
|---|---|---|---|---|
| 5962 Barnacle Street | $355,000 | $492,000 | –$137,000 | Sotheby’s International Realty |
| Lot 66 Greentree Road | $145,000 | $159,000 | –$14,000 | RE/MAX City Realty |
| Lot 3 Redrooffs Road | $450,000 | $743,000 | –$293,000 | Royal LePage Sussex |
In real estate, knowledge is power and staying current helps you make smart, confident choices.
Curious what your BC Assessment is? Click here
Curious about your current property value? Reach out, I’m happy to help!
Disclaimer: All data sourced from the Real Estate Board of Greater Vancouver. While every effort has been made to ensure accuracy, all information should be verified.