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Bowen Island/Gulf Islands - help please?
03-10-2014, 03:24 PM,
#13
RE: Gulf Islands - help please?
Jimmy,

All the assessed values are on the bcassessment website. You can look up any property as long as you know the address. Also all the solds for the past year are available on the same website.

If you type in the address and hit compare by address then you get the assessments of that house and the nearby houses. if you type in the address and hit compare sold properties then it lists all the sales in the last year on bowen and their sales prices and their assessments. I guess all solds on bowen are comparable.

Sales prices are usually higher than the assessed prices otherwise too many people appeal their assessment.Smile

Assessed values have been dropping on Bowen and sales prices have been dropping as well. The asking prices are just as out to lunch as ever. That is why the realtor site is such a poor indicator of pricing. The overpriced listings with owners who don't need to sell sit on the market for years and are not representative of the market because they aren't really in the market.

http://evaluebc.bcassessment.ca/

The following website has imaging and mapping for all the gulf islands including bowen. I found it useful.

http://www.islandstrust.bc.ca/maps/mapit.aspx

I agree that free access to all the data would simplify all of our efforts but on Bowen the market is so small that I just got all the data sent to me by my realtor for all plausible houses that came up. We probably only looked seriously at 12 houses in three years.

That is all for now!

Navier

(03-10-2014, 11:39 AM)JimmyWW Wrote: Navier and Skook (and anyone else interested)

It occurs to me that legislation relating to house prices (by which I mean, mandating access to historical records) would really put the cat among the pigeons in terms of Canadian property, which perhaps explains why it's not happened yet.

For instance, in terms of the great data you guys have given me, it's pretty clear to me that almost all properties on Bowen are still priced significantly above assessed value, and that sellers are unwilling to move based on how long some properties stick at certain prices - which must, to be fair, be as frustrating for the realtors as the buyers. Now it may be that as a rural/urban area, etc, Bowen is a micro-market: but in the US and UK, access to this kind of data is a game-changer for both buyers and sellers.

Anyway, just thought I'd offer my reflections now that I've digested the data.


Jimmy
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Messages In This Thread
RE: Gulf Islands - help please? - by Skook - 02-08-2014, 08:50 AM
RE: Gulf Islands - help please? - by JimmyWW - 02-12-2014, 09:50 AM
RE: Gulf Islands - help please? - by navier - 03-03-2014, 09:31 PM
RE: Gulf Islands - help please? - by JimmyWW - 03-05-2014, 09:40 AM
RE: Gulf Islands - help please? - by navier - 03-08-2014, 07:34 AM
RE: Gulf Islands - help please? - by JimmyWW - 03-08-2014, 05:01 PM
RE: Gulf Islands - help please? - by JimmyWW - 03-05-2014, 12:15 PM
RE: Gulf Islands - help please? - by Skook - 03-05-2014, 01:32 PM
RE: Gulf Islands - help please? - by JimmyWW - 03-06-2014, 03:28 AM
RE: Gulf Islands - help please? - by Skook - 03-08-2014, 06:26 PM
Some more thinking... - by JimmyWW - 03-10-2014, 11:39 AM
RE: Gulf Islands - help please? - by navier - 03-10-2014, 03:24 PM
RE: Gulf Islands - help please? - by Skook - 03-10-2014, 03:55 PM
RE: Gulf Islands - help please? - by JimmyWW - 03-10-2014, 04:19 PM
RE: Gulf Islands - help please? - by Skook - 03-20-2014, 01:36 PM

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