How are Whistler Property Taxes Calculated?
The Resort Municipality of Whistler’s annual property taxes will be noted on the listing data for each property. These taxes will probably increase every year based on the Resort Municipality of Whistler (RMOW) budget increases. The BC Assessment occurs annually and the owner is notified in early January of any increase and decrease in the assessed value of their property. The value is based on the sales in the area in the previous year. Click the link for more insight into BC Assessment.
However, it is the RMOW’s annual budget that determines whether as a homeowner, how much your taxes will increase annually. The municipal annual taxes are due to be paid on July 1st. The annual property tax payable is determined using a tax rate set annually by the Resort Municipality of Whistler (RMOW) based on the assessed value. This is not a set rate every year, but one calculated annually.
From the Government of BC’s website: “All municipalities must adopt a property value tax bylaw each year. The tax bylaw must be adopted after the annual budget (financial plan) has been determined. Based on the tax revenue requirements in the budget, the municipality will set its municipal tax rates to raise the appropriate revenue from the nine different classes of property.”
2023 Tax Toolkit
The two images show the information provided by the RMOW in 2023. It should give you a sense of how the RMOW determines its tax rates.
Next Steps
Buying real estate in Whistler, whether ski-in/ski-out or not, is a smooth process when working with an experienced Whistler real estate agent who follows the rules. Everything in real estate, except for writing the contract and the negotiation is a process. Experienced realtor, and skilled negotiator, Marion Anderson will work with you directly from start to finish. No assistants are involved.
If you think I would be a good fit to work with you and your family, and you are not already working with a Whistler realtor, please contact me. I look forward to hearing from you.
It’s a Good Life in Whistler!
Marion
Marion Anderson Personal Real Estate Corporation
marion@WhistlerSkiinSkiout.com (604) 938-3885