No evidence to support your arguments:

  • Make sure you provide your own evidence to show the negative factor reduces your property value.
  • We will not do the research for you or BC Assessment.

Even we agree that buyers may pay less for your property, you still need to show how much less.
 

Listings:

Listings of properties for sale are not good evidence on negative factors:

  • The problem with a listing is we do not know the property's selling price until it sells.  The selling price might be quite different from the asking price in the listing.
  • You should look for sales of properties that are very similar to your property.  See researching evidence for a negative factor.

 

Wrong method:

If you are estimating how much the negative factor reduces your property value:

  • Do not subtract this amount from the assessed value.  BC Assessment may argue the assessment already takes into account the negative factor.
  • It is better to find the market value of your property (assuming it did not have the negative factor).  Then, subtract the amount for the negative factor.  See researching evidence for a negative factor.