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By CKPG News

Property assessments

2026 BC property assessments released

Jan 2, 2026 | 12:21 PM

PRINCE GEORGE —2026 BC property assessments are in the mail. The assessments reflect market value as of July 1, 2025.

 “The North Central real estate market remains stable which is being reflected in the 2026 property assessments,” says BC Assessment Deputy Assessor Jarret Krantz. “Most homeowners can generally expect value changes in the range of -5% to +15% with some exceptions depending on the community.”

BC Assessments says it collects, monitors and analyzes property data throughout the year. The newly released 2026 property assessment details can be searched and accessed any time at bcassessment.ca by using BC Assessment’s Assessment Search online service.

Overall, North Central BC’s total assessments increased from over $99.8 billion in 2025 to about $104.7 billion this year. A total of almost $1 billion of the region’s updated assessments is from new construction, subdivisions and the rezoning of properties.

Property values of single family homes in Prince George have increased an average of 2 per cent from last year for an average value of $459,000. In Quesnel, the average assessment has risen by 4 per cent over last year, to an average value of $352,000 while in Vanderhoof, the average assessment is up 1 per cent to $337,000.

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When it comes to strata homes (condos/townhouses), the typical assessed value as of July 1, 2025 in Prince George went up 3 per cent from 2025 to $273,000. The Town of Smithers was highest at $408,000 with no change to its assessed value.

BC Assessment has also released the top valued residential properties in North Central B.C. The home with the highest value is a lakeshore property at Moberly Lake in Dawson Creek and valued at $4,703,000. The second highest assessed property is located in College Heights and is valued at $3,810,000.

Property owners can contact BC Assessment toll-free at 1-866-valueBC (1-866-825-8322) or online at bcassessment.ca. During the month of January, hours of operation are 8:30 a.m. to 5:00 p.m., Monday to Friday.