CTV Report on Victoria Property Assessments

BC Assessment’s preliminary 2020 projected market value for the province includes moderate changes in Greater Victoria, where single family homes could see a 10% drop in value while condos could drop by 5%. However, the assessment agency notes that residential properties could also rise by 5%. It depends on specific neighbourhoods.

The official value changes will be announced on January 2nd, 2020. Check out their current report
https://info.bcassessment.ca//news/Pages/2020-property-assessments-reflect-BC-moderating-markets.aspx