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Assessment

A property assessment is an estimate of a property’s market value as of a certain date. Property Valuation Services Corporation (PVSC) is a not-for-profit and independent organization that the Province of Nova Scotia created in 2008.  PVSC accurately values and classifies all Nova Scotia properties for municipal property tax purposes. PVSC completes a uniform, province wide property assessment system based on previous year market value.  PVSC may re-assess property during this period when you have changed the property and altered its value.

 

What do I do with my assessment notice?

It is not necessary to do anything with it if you agree with the assessed value.  If, however, you believe the assessed value is not a reasonable estimate then you can contact the Assessment office or follow the instructions on the back of the notice if you wish to appeal.

 

Can I view my property assessment information online?

Property owners can view detailed information on their assessment by accessing their “My Property Report” on www.pvsc.ca using their Assessment Account Number (AAN) and PIN access number.

 

Should I expect my assessment notice to increase or decrease from year to year?

The assessed value of your property will reflect the property sales in your neighborhood and factors which may enhance or detract from your property’s value.

 

I appealed my assessment last year.  Is the change reflected in this year’s assessment?

The assessed values are based upon market value data as of a certain date.  The value is calculated each year using a new date every year.  Contact the Assessment office to inquire how your appealed assessment last year relates to your current assessment.

 

The assessment notice indicates a commercial assessment, but this is no longer applicable.

This assessment must be appealed; therefore, follow the instructions on the back of your notice of assessment for the appeal procedure.