Nelson Property Tax Calculator 2021

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The City of Nelson is located east of Kootenay Lake in the Regional District of Central Kootenay and is home to over 10K residents. The average real estate price in Nelson, BC is $362K. For property assessments by BC Assessments, the City of Nelson is divided into six neighbourhoods, including Fairview, Uphill, Rosemont, and North Shore. Fairmont is the neighbourhood with the highest average price for a home at $530K, followed by Uphill at $503K. From 2019 to 2020, condominiums homes increased in price by approximately 10%, which is contrasted against only a 5% increase during the same time period for single-family detached houses in Nelson. Nelson property tax rates are the 35th lowest property tax rates in BC for municipalities with a population greater than 10K.

Nelson property tax is based on the assessed value of your home. Every year, the BC Assessment conducts an evaluation of properties all over British Columbia. This assessed value can differ significantly from the market value of your property.Your final property tax amount is calculated by multiplying the Nelson final property tax rate for the year by the BC Assessment value.

You can calculate your property tax using either your home's assessed value or your home's most recent market price. Just enter the price and type of your property, and we will give you an instant property tax estimate.

BC Assessment Value of the Property
2019 Property Tax Value
$3,7263.73k
2019 Residential Property Tax Rate
0.745140 %

The City of Nelson has not yet released it's 2020 final property tax rates. Rates will be updated as soon as they are published.

2019 Tax rates for Cities Near nelson

City Final Tax Rate
Kelowna0.508340 %
Vernon0.581623 %
Penticton0.586540 %
Kamloops0.768400 %

Nelson Property Taxes

If you own or lease property or mobile homes in BC, you will be subject to paying property tax annually. The tax, paid to the municipality with rates varying based on the municipality you are in, is responsible for funding services such as police and fire protection, garbage collection, schools, and hospitals.

At the beginning of the year, you will receive a property assessment notice informing you of the property value as of July 1st of last year. You will then receive a tax notice that calculates how much tax you owe based on the assessed value, and it will then be your responsibility to pay the amount to the municipal office before the deadline.

The amount of property tax and its rates are based on how much funding is needed to provide services for the year; for example, if your community decides to start a new service, the higher cost may be reflected in your taxes. The amount also depends on other factors such as property classification and location.

Generally, your tax will consist of a Municipal Tax as determined by your municipality and a School Tax determined by the number of residences and their values in your district.

Residential Property Tax Rate for Nelson from 2018 to 2020
YearMunicipal RateEducational RateFinal Tax Rate
2020Not AvailableNot AvailableNot Available
20190.365190%0.205330%0.745140%
2018 0.419900%0.217550%0.816850%
Based on city of Nelson official website: check source

Nelson Property Tax Department Information

For any questions or inquiries about your property tax rate or property tax bill, you can reach out to the city of Nelson's property tax department through the following methods:

Phone number
250-352-5511
Contact Form
Nelson Property Tax Department Information
Nelson at a Glance
ProvinceBritish Columbia
Settled Year1867
Established Year1897
Incorporated Year 1897
Population 10572
City Area11.95 km 2 (4.61 sq mi)
Official WebsiteNelson Official Website

Property Taxes in B.C. for a $500K B.C. Assessed Value Home*

Property Taxes in B.C. for a $500K B.C. Assessed Value Home

Assessed Value of a Property

Every year, your property will be assessed by BC Assessment to determine its value, classification, and any exemptions it may be applicable for. The aspects used for the assessment include location, size, shape, usage, and age. Each year, the value of your property may increase or decrease depending on factors such as changes to its classification, market fluctuations, and renovations. If there are issues with the assessment, you may contact BC Assessment or have an independent appeal to the Property Assessment Review Panel (PARP).

Homeowners may find that the assessed value of their property differs significantly from its market price. There is also no way to retrieve and compare the assessed value of other properties.

This calculator is provided for general information purposes only. This calculation may not include any special charges, levies or fees. Results are approximations only. For official and the most up-to-date information, please see your porerty tax bill or contact the relevant taxation authority of your region.