Property assessments in the Cariboo rose marginally, according to BC Assessment.
The 2026 property assessments, released on Friday, January 2, reflect the market values as of July 1, 2025.
“The North Central real estate market remains stable, which is being reflected in the 2026 property assessments,” says BC Assessment Deputy Assessor Jarret Krantz in a statement.
“Most homeowners can generally expect value changes in the range of -5% to +15% with some exceptions depending on the community.”
Williams Lake’s assessments rose the most in the Cariboo’s largest city residential areas.
The Lake City’s Typical Assessed Value for 2026 increased by 5 per cent. Rising from $419,000 to $440,000.
Quesnel rose by 4 per cent, increasing the Typical Assessed Value from $339,000 to $352,000.
The District of Wells increased the most overall across the Cariboo at 8 per cent, increasing from $175,000 in 2025 to $189,000 for 2026.
Finally, 100 Mile House had an increase of $1,000 over the year at 0 per cent. The District’s Typical Assessed Value rose from $197,000 to $198,000.
According to BC Assessments, North Central BC’s total assessments increased from over $99.8 billion in 2025 to almost $104.7 billion in 2026.
Almost $1 billion of the North Central BC region’s updated total came from new construction, subdivisions, and rezoning projects.
BC Assessments said in a statement, that property assessments have been mailed to homeowners, and are also available at bcassessment.ca.
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