Property assessments drop 5% for average Abbotsford home

The typical assessed value of a single-family home in Abbotsford dropped five per cent from 2024 to 2025, according to figures released Friday (Jan. 2) by BC Assessment.
As of July 1, 2025, a typical home in the community was assessed at $1.08 million. That compares to $1.14 million as of July 1, 2024.
The typical assessed value for condos and townhomes in Abbotsford dropped three per cent – from $487,000 to $470,000 in the same period.
Over the next few days, owners of more than one milli