Property assessment appeals vary across the island
more than 14,000 appeals were launched. McEvoy said that was a result of national and international news of economic trouble.
“People said ‘Gee, I’m looking at all these foreclosure stories in the States and there’s a slowdown in Alberta, so we should be seeing the same here ... the real estate market must be in the tank,’ but it’s not,” he said.
In the Cape Breton Regional Municipality, 690 appeals have been filed this year, which is down 27 per cent from last year. Residential and c omme r c i a l property owners in Inverness County launched 326 appeals this year, and appeals in Victoria County dropped about 11 per cent, with 212 filed.
Richmond County saw a nine per cent increase in appeals this year, with 210 filed, but McEvoy said that’s only a difference of about 20 appeals over the previous year, so it’s not a large amount.