Property values soared once again in 2021, including Sooke’s priciest homes, according to recently released data from B.C. Assessment.
The home with the highest assessed value in Sooke is a 7,796-square-foot, two-storey custom-built house. That house at 5921 Sooke Rd. jumped in price by $1.2 million to clock in with an assessment of $3.9 million.
The second-highest assessed property – at 1966 Gillespie Rd. – saw a near doubling in its value, coming in at $3.6 million having previously been assessed at just over $2 million.
The highest assessed values in the District of Sooke ranged from $2.8 million to $3.9 million.
None of the properties in the upper echelon fell in value.
Other properties on the top 10 list include 3018 Manzer Rd., $3,316,000; 1960 Gillespie Rd., $3,302,000; 7555 West Coast Rd., $3,284,000; 7703 West Coast Rd., $3,272,000; 2021 Saseenos Rd., $2,966,000; 6961 Possession Point Rd., $2,920,000; 4948 Nagle Rd., $2,906,000; and 6969 Sea Lion Way, $2,846,000.
Overall, Sooke’s total assessments increased about 34 percent over the previous year, with single-family residential properties valued, on average, at $749,000.
B.C. Assessment sends out more than one million property assessments to owners every January, based on property values as of July 1, 2021. Property owners can look up their assessments using the agency’s search tool on its website.