A Liverpool realtor says it’s time to reassess property assessments in Nova Scotia.
Kristopher Snarby says the recent assessment numbers from the Property Valuation Services Corporation are all over the place. And the system needs to change.
“It’s completely bonkers the way this is done. There’s nothing that connects it to any hard, real numbers.”
Nova Scotia’s overall assessments rose by just under 18 per cent. Residential property assessments in Queens County rose by 25 per cent.
Snarby looked at 10 adjacent homes in Liverpool. He said the increase in assessed value ranged from five per cent to 90 per cent. And the overall average assessment increase for those 10 properties was 44 per cent, he said.
He said house sales in Liverpool rose 20 per cent in 2021/22, but dropped by seven per cent in 2022/23.
