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BC Assessment explains Trail fluctuations

The fluctuations of assessed values of residential properties in Trail made it difficult to draft the city’s 2016 budget.

Overall Trail saw a near 4% decrease in values from 2015, but in many neighbourhoods quite a few homes actually saw increases.

Deputy Assessor with the BC Assessment Authority Ramaish Shah explains the variations in the Silver City.

He says there are factors that play a role in assessed values per property such as the age of the home and how recently it underwent renovations.

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