BC Assessment has rolled out its property valuations for the West Kootenay for 2018.
Deputy assessor Ramaish Shah says our region has a stable market.
He says the assessments show that most properties saw an increase in their valuation from 2017.
The value of a typical home in Castlegar went up from $280,000 to $295,000, a 5.4% jump.
Trail homes went from $179,000 to $195,000, climbing by 8.9%.
Rossland homes saw the biggest increase in value at 11.8% rising from $271,000 to $303,000.
Homes in Montrose and Warfield saw increases of under 5%.
The biggest change in our region is an average home in Fruitvale.
Values there have climbed by over 17%.
In the Slocan Valley an average Silverton home saw a $1,000 increase over 2017, as was the case with New Denver.
Nakusp’s valuations shot up to $227,000 dollars from $203,000.
Shah says changes in property assessments reflect movement in local area real estate.
