Bulkley Valley, Lakes District see property assessments increase

Property assessments across the Bulkley Valley and Lakes District were up according to B.C. Assessment.

The largest jump was 12 per cent in Granisle with a typical assessed value of $113,000 compared to $102,000 in 2025.

The 2026 property assessments reflect market value as of July 1st, 2025.

Hazelton and Telkwa both saw 10 per cent increases in value to $293,000 and $478,000 respectively.

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In New Hazelton, assessments rose 8 per cent from $223,000 last year to $241,000.

Smithers continues to have the highest property value at $527,000, up 4 per cent compared to 2025.

The smallest increase was in Burns Lake at 3 per cent with this year’s typical value being $273,000.

“The North Central real estate market remains stable which is being reflected in the 2026 property assessments,” said 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.”

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Property assessments have been mailed to homeowners, and are also available at bcassessment.ca.

“If a property owner is still concerned about their assessment after speaking to one of our appraisers, they may submit a Notice of Complaint (Appeal) by February 2, for an independent review by a Property Assessment Review Panel,” said Krantz.

B.C. Housing added North Central BC’s total assessments increased from over $99.8 billion in 2025 to about $104.7 billion this year.

Something going on in the Bulkley Valley Lakes District you think people should know about?
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Logan Flint
Logan Flint
Logan is the News Reporter and Afternoon News Anchor for The Moose in Smithers, covering stories from Burns Lake to Hazelton along Highway 16. Born and raised in Smithers, he's grown up around radio and has spent time as an on-air announcer for the station's afternoon and morning shows.

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