How BC Assessment assesses Industrial, Commercial and Investment (ICI) Properties

For Industrial, Commercial and Investment (ICI) properties, BC Assessment appraisers use three approaches to real estate valuation to determine the market value (or the likely selling price) of a property as of July 1st. This video contains an example of how BC Assessment would estimate the market value for a property that trades on the Income Approach. To learn more about assessing ICI properties, visit: