Powell River Property Tax Calculator 2020

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Powell River 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 Powell River 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
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2020 Property Tax Value
$4,9584.96k
2020 Residential Property Tax Rate
0.991600 %

2020   Tax Rates for Cities Near Powell River

City Final Tax rate
Whistler0.280700 %
Vancouver0.292568 %
Richmond0.331767 %
Burnaby0.318040 %

Powell River Property Tax Rates from 2018 to 2020

Powell River Property Tax Rates from 2018 to 2020

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Property Tax in British Columbia

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 Powell River from 2018 to 2020
YearMunicipal RateEducational RateFinal Tax Rate
20200.555600%0.206800%0.991600%
20190.512200%0.205600%0.872600%
2018 0.520415%Not Available0.924920%
Based on city of Powell River official website: Check Source

City of Powell River

The City of Powell River is located in the Qathet Regional District of BC. The real estate prices in Powell River have decreased by 7% from February 2019 to February 2020 and the average price of a house in Powell River is $353K.
Powell River at a Glance
ProvinceBritish Columbia
Settled Year1908
Established Year1912
Incorporated Year1955
Population13,157
City Area28.91 km 2 (11.16 sq mi)
Official WebsitePowell River Official Website
Official Phone Number604-485-6291
Official E-mailinfo@powellriver.ca

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

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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 property tax bill or contact the relevant taxation authority of your region.