How BC Assessment assesses Industrial, Commercial and Investment (ICI) Properties

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27 Jun 2024

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For Industrial, Commercial and Investment (ICI) properties, BC Assessment appraisers use three approaches to real estate valuation to determine the market value (or the likely selling price) of a property as of July 1st. This video contains an example of how BC Assessment would estimate the market value for a property that trades on the Income Approach. To learn more about assessing ICI properties, visit:

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