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2025 BC property assessments show minimal changes in Squamish

Find out how your 麻豆社国产property's value has changed in the newly released BC assessments, reflecting ongoing market trends as of July 1, 2024.
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A 麻豆社国产neighbourhood. The 2025 BC Assessment property valuations, which reflect market value as of July 1, 2024, have been announced for Squamish.

Have you checked what your 麻豆社国产property is worth? 

The , which reflect market value as of July 1, 2024, have been released for Squamish. 

BC Assessment is a provincial Crown corporation that produces annual property assessments for all property owners in the province.

Typical single-family residential properties in 麻豆社国产have increased by 1%, to $1,483,000 for 2025, up from $1,475,000 in the 2024 assessment.

(This data was calculated based on median values.)

In terms of our Sea to Sky neighbours, the Village of Pemberton saw a bigger jump, up 4% year-over-year.

In Pemberton, a typical single-family home was assessed at $1,390,000 for the 2025 assessment, up from $1,340,000 in the 2024 assessment.

The Resort Municipality of Whistler saw a -1% drop for single-family properties.  At $2,821,000 for 2025, down from $2,842,000 for the 2024 assessment.

The City of North Vancouver saw almost no change, year-over-year: $1,990,000 for 2025; $1,988,000 in 2024.

In terms of condos and townhouses in Squamish, they have also seen a 1% increase year-over-year.

The 2025 assessment is $833,000; at the time of the 2024 assessment, condos and townhomes in the district were assessed at $829,000.

The Resort Municipality of Whistler and the City of North Vancouver saw virtually no change from the assessments published in 2024 and those published for 2025.

For Whistler, the 2025 condo assessment is $1,344,000; for 2024 it was $1,349,000.

For the City of North Vancouver, 2025 was $839,000 versus 2024, which was $836,000.

In the case of strata homes, Pemberton鈥檚 data was too small to be of value, according to BC Assessment.

Like the rest of the province, these Sea to Sky figures are pretty flat, said Bryan Murao, an assessor with BC Assessment.

"Across the Lower Mainland and throughout B.C., the overall housing market has generally stabilized in value for a second consecutive year," said Murao, in a Jan. 2. 

"Most homeowners can expect only modest assessment changes in the range of -5% to +5%."

In terms of 麻豆社国产specifically, it is on par with the rest of the province, Murao told The 麻豆社国产. 

鈥淭here were some years when you might have looked at 麻豆社国产as going up more .... People were leaving Vancouver, leaving the suburbs, and moving out to Squamish, Pemberton, or even outside of the Lower Mainland, Sea to Sky. But this year, it just seems to all be the same, and I attribute that mostly to interest rates," he added.

鈥淚 think that interest rates have been the biggest influencer of property values for the past few years here. And you see that across the board; interest rates impact every property, and that hits every market quite similarly.鈥

Locals can check their property's value online at , and the 2025 Property Assessment Notices are being mailed to each property owner.

(BC Assessment notes that with the recently resolved Canada Post strike, mailed assessments may be delayed.)

鈥淚f a property owner is still concerned about their assessment after speaking to one of our appraisers, they may submit a Notice of Complaint (Appeal) by Jan. 31 for an independent review by a Property Assessment Review Panel," said Murao, in the release.

Property Assessment Review Panels, independent of BC Assessment, are appointed annually by the provincial government, and typically meet between Feb. 1 and March 15 to hear formal complaints. 

Property owners with questions about their assessment can also contact BC Assessment toll-free at 1-866-valueBC (1-866-825-8322).

Not tied to property taxes

"It is important to understand that changes in property assessments do not automatically translate into a corresponding change in property taxes," said Murao, in the release. 

"As noted on your assessment notice, how your assessment changes relative to the average change in your community is what may affect your property taxes." 

For the 2025 assessments, BC Assessment evaluated 2,207,009 properties, about a 1% increase from 2024. 

The total value of B.C. real estate for the 2025 assessments is about $2.83 trillion, an increase of about 1.5 % from 2024. 

Highest-valued non-residential

Top 10 non-residential properties鈥 valuations for the 2025 assessment roll in Squamish:

(The properties of the port and Woodfibre LNG are in a different category, not included here.)

PROPERTY ADDRESSJurisdiction
Portion of SEAandSky *$65,471,800 
Chieftain Centre: 1339 Pemberton Ave.$48,630,000 
麻豆社国产Station 1200 Hunter Pl.$46,767,000 
In the 麻豆社国产Business Park: 39480 Queens Way$46,445,000 
Property within the 麻豆社国产Business Park: 1201 Commercial Way$45,950,000 

Garibaldi Village 40238 Glenalder Pl. (London Drugs mall)

$45,061,000 
Rail yards 39400 Government Rd.$38,023,100 
The Ashlu building 38012 Third Ave. **$35,071,000 
Spirit Creek Apartment building 38648 Buckley Ave. **$32,216,100 
Walmart 39210 Discovery Way$28,768,000 

                                    

*Note: This top property didn鈥檛 come with a civic address; through the Parcel Identifier (PID), we can determine it is part of the SEAandSky/Waterfront Landing South development. This parcel has an with the District of Squamish.

**Note: Though residential, these also have commercial components so are included in this list.



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