Property assessments in both Golden and Revelstoke are up two per cent, according to figures out today from BC Assessment.
As of July 1, 2025, the typical single-family home in Golden was $649,000, up from $634,000 at the same time last year.
Revelstoke, which has the second-highest average assessment in the region, stood at $881,000, up from $860,000.
“It is important to understand that changes in property assessments do not automatically translate into a corresponding change in property taxes,” deputy assessor Boris Warkentin said in a news release.
“As noted on your assessment notice, how your assessment changes relative to the average change in your community is what may affect your property taxes.”
If you disagree with your assessment, you can contact BC Assessment and speak to an appraiser. If you are still concerned, you may file an appeal by Jan. 31 for an independent review. Those panels typically meet from early February to mid-March to hear formal complaints.
The complete local picture for municipalities is presented in the chart below.
KOOTENAY COLUMBIA COMMUNITIES:
| Single Family Homes Changes by Community |
2025 Typical Assessed Value as of July 1, 2024 |
2026 Typical Assessed Value as of July 1, 2025 |
% Change |
| City of Castlegar | $520,000 | $519,000 | 0% |
| City of Cranbrook | $503,000 | $517,000 | +3% |
| City of Fernie | $856,000 | $911,000 | +6% |
| City of Grand Forks | $422,000 | $427,000 | +1% |
| City of Greenwood | $249,000 | $243,000 | -2% |
| City of Kimberley | $533,000 | $564,000 | +6% |
| City of Nelson | $681,000 | $699,000 | +3% |
| City of Revelstoke | $860,000 | $881,000 | +2% |
| City of Rossland | $615,000 | $625,000 | +2% |
| City of Trail | $376,000 | $376,000 | 0% |
| District of Elkford | $390,000 | $406,000 | +4% |
| District of Invermere | $679,000 | $707,000 | +4% |
| District of Sparwood | $419,000 | $457,000 | +9% |
| Town of Creston | $422,000 | $427,000 | +1% |
| Town of Golden | $634,000 | $649,000 | +2% |
| Village of Canal Flats | $326,000 | $356,000 | +9% |
| Village of Fruitvale | $455,000 | $470,000 | +3% |
| Village of Kaslo | $490,000 | $488,000 | 0% |
| Village of Midway | $340,000 | $330,000 | -3% |
| Village of Montrose | $451,000 | $453,000 | 0% |
| Village of Nakusp | $419,000 | $438,000 | +5% |
| Village of New Denver | $401,000 | $409,000 | +2% |
| Village of Radium Hot Springs | $488,000 | $529,000 | +8% |
| Village of Salmo | $379,000 | $391,000 | +3% |
| Village of Silverton | $429,000 | $443,000 | +3% |
| Village of Slocan | $403,000 | $407,000 | +1% |
| Village of Warfield | $408,000 | $417,000 | +2% |
