VanPlex Plexperts · BC Multiplex Resource
BC Assessment
Indexed on VanPlex Plexperts — the BC multiplex civic-programs and reference directory.
BC Assessment is an independent provincial agency that produces a property value for every property in British Columbia, once a year. It set values for 2,233,648 properties on the 2026 roll. The value reflects what the property was worth on July 1 of the prior year, in the physical condition it was in on October 31 of that year. Local governments use these values to set property tax bills. Anyone can look up a property value for free on the BC Assessment website.
Why multiplex builders care
Multiplex builders use BC Assessment values as a free starting point to size offers, compare lots on the same street, and estimate property tax after the project is built.
Multiplex builders use BC Assessment values as a free starting point to size offers, compare lots on the same street, and estimate property tax after the project is built. The values also flag reassessment risk: a lot newly rezoned under R1-1 or the provincial small-scale multi-unit housing (SSMUH) rules can jump in assessed value, which raises the future tax bill. For the 2026 roll, Vancouver single-family detached home values fell about 5 percent, with the median dropping from roughly $2.205 million to about $2.092 million. Most Lower Mainland homes changed between -10 percent and zero. Knowing the direction of values helps when you check whether a seller's asking price is anchored to an out-of-date assessment.
Key documents
The actual PDFs, programs, and forms you'll use.
Property Assessment Search
Free lookup by civic address, PID, or roll number. Shows current and prior-year assessed values.
PARP complaint (appeal) guide
How to file a complaint with the Property Assessment Review Panel if you disagree with a value.
Services and products
Paid data products, custom reports, and bulk property data for professionals.
How to use it
- 1
Look up a target lot for free at bcassessment.ca by typing the address. Note the land value and the improvement (building) value separately.
- 2
Compare the lot's land value against nearby lots of similar size to sanity-check whether an asking price is in line with the street.
- 3
Use the assessed value to estimate the post-completion property tax by applying the local mill rate for the property class.
- 4
Check the prior-year value shown on the search page to see whether the property is rising or falling, then read that against current market direction.
- 5
If you own a property and believe the value is wrong, file a complaint with the Property Assessment Review Panel by the annual deadline (the 2026 deadline was February 2, 2026).
Recent updates
2026-01-02
2026 assessment roll released. BC assessed 2,233,648 properties worth over $2.75 trillion, down about 2.5 percent province-wide. Vancouver detached median fell roughly 5 percent to about $2.092 million.
Read more2026-02-02
Deadline to file a 2026 complaint with the Property Assessment Review Panel (extended from January 31 because it fell on a weekend).
Read moreOfficial links
Go to the source.
Related resources
BC Bill 44 — Housing Statutes Amendment Act
The November 2023 provincial law that requires every BC municipality to allow multiplex on lots previously zoned single-family. The legal foundation for every BC multiplex.
BC Energy Step Code
BC's tiered energy-efficiency standard for new construction. Step 4 is the multiplex sweet spot for CMHC MLI Select bonuses; Step 5 approaches Passive House.
BC Housing
Provincial Crown agency that licenses every BC residential builder and runs the mandatory 2-5-10 new home warranty system.
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