BC Assessment just released their “Top 500 Valued Residential Properties” list and South Surrey is well represented.
According to the Assessment, the most expensive home in Surrey, located at 17146 20 Ave., was assessed at $31.6 million. This property was ranked as the 13th most expensive in BC.
The map below highlights the gate of the home. Move the map down to see the aerial view of the property:
Making The List
As a result of an increase in the value of land, the property saw an increase in value of approximately $1.6 million just over last year.
The 18-acre property, built in 1989 includes a home with 7,814-square-feet, with six bedrooms and 10 baths.
A White Rock home also made the list with a property assessed for $12 million, located at 13616 Marine Drive.
Although the property actually decreased in value by $700,000, it still made the list at number 446.
The property includes a 4,444-sq-ft. home with four bedrooms and seven baths.
Other Surrey homes that made the list include:
- 17895 24 Ave. at $19.9 million
- 2225 184 Street at $18 million
- 2021 Indian Fort Drive at $13.6 million
- 9130 176 Street. at 12.4 million
- 17742 24 Ave. at $11.9 million
- 18080 24 Ave. at $11.6 million
Over the course of the next few days, property owners all through the Fraser Valley region will receive a 2019 assessment notice, which will reflect the market value as of July 1, 2018.
“The majority of residential home owners within the Fraser Valley can expect a modest change compared to last year’s assessment,” said Fraser Valley deputy assessor, Brian Smith.
Overall, there was an increase in the Fraser Valley’s total assessments, from about $489.8 billion in 2018 to over $540.4 billion this year.
According to BC Assessment, almost $10.7 billion of the region’s updated assessments are because of the rezoning of properties, new construction and subdivisions.
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