Vancouver British Columbia Real Estate Average Prices
Posted November 2nd, 2008 in Real Estate, Sharing the Experience, Statistics | 
Picture Tells The Story
* Prior to 1984 condominium averages were not separated into attached and apartment and are not recorded herein. ** Statistics Courtesy Real Estate Board of Greater Vancouver. *** While information is believed to be correct it is not guaranteed.
Average Prices October
| 2006 | Detached – $795,800 | Attached – $435,200 | Apartment – $364,900 |
| 2007 | Detached – $850,000 | Attached – $484,000 | Apartment – $406,800 |
| 2008 | Detached – $825,206 | Attached – $461,788 | Apartment – $386,788 |
Assessments
Attrib Jones “The Grinch Who Stole Christmas” – Dr. Seuss
Grinch Gordo has really stolen Christmas this year. Don’t think for a moment that you are getting a break with the government announcement that property tax assessments will be frozen at 2007 levels and that you can defer your assessment for 2 years.
These yearly comparisons should give you a clue that not all things are good in Whoville.
When you get your tax bill study it carefully. Can’t make sense of the form? Need comparable properties, call your Realtor®.
Compare your property values to the neighborhood market as of July 1 2008. Be prepared to defend your right to a re-assessment as required with the British Columbia Assessment Authority.
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I’m always happy to answer your Vancouver Real Estate question? Call or send me an email Twitter or Skype me at YatterMatters.
Larry
*Disclaimer: Statistics Courtesy REBGV. While believed to be accurate they are not guaranteed.
**Numbers provided may vary as they are dynamically posted by the REBGV.
