Obtaining equity stats:

BC Assessment can usually provide you with the equity statistics for the entire taxing jurisdiction and, sometimes, for your neighbourhood. 

If you are using a smaller comparison group, you must calculate the statistic:

• First, obtain the market values of the properties;
• Compare the values to their assessments (see level of assessment example);
• Then, calculate the average statistic for the properties.
• For further guidance, see Equity Statistics.

Finding the market values is the most difficult step.

• It is easier to look for properties that sold some time last year.
• You can then quickly compare their sale prices with their assessments.