I looked into an appeal but couldn't find any basis for it. The info on our house is accurate. The estimate is also in line with market value. What are you basing your appeals on?
Excellent question LV. Here we go.
The first thing I do is go to the e value page. https://evaluebc.bcassessment.ca/
Type in your address. This will take you to your 2016 assessment that was calculated on July 2015. (Note: Do this before January 1st. so you have last year's numbers)
Underneath the picture of your house is a link for "Show property details and recent sales history". Click that.
Scroll down to the map and above the map on the right there is a "Sample sold properties" link. Click that.
This should bring up 9 or 10 properties that BC Assessment considers as comparable properties that have sold during the 2016 year. I then compare the "selling price" with the "assessed value" and arrive at a "per cent increase" for those comparable properties. Use you math skills to find the average percent increase of "selling" over "assessed". That's how much of an increase you should expect your assessment to increase in the upcoming year.
In my case the 9 comparable properties averaged out to a 14% increase.
Not the 40% increase that they advised us of in the warning letter. Let me know how the math on yours works out.