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Average house value up in Grand Forks

Residential property assessments are up in Grand Forks.

The average home is now valued at $205,000 compared to $194,000 the previous year.

But Kootenay Columbia deputy assessor Ramaish Shah says that didn’t hold true for other parts of the Boundary.

Greenwood and Midway both saw modest decreases.

The average home in Greenwood is valued at $123,000, down from $125,000 last year, and in Midway it’s pegged at $172,000, down from $176,000.

The figures are based on real estate sales.

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