Venture Kamloops

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Housing & Taxation

Housing

The Kamloops real estate market is affordable.  Housing costs are roughly one-third less than a comparable home in Greater Vancouver.  The Canada Mortgage and Housing Corporation reports the average price for a single detached home in Kamloops for 2010 is approximately $383,000. 

The Kamloops area has several master-planned residential resort communities that offer such benefits as lake and alpine views, riverfront access, and award-winning golf. They include: Orchards Walk, Rivershore Golf & Estates, Sun Peaks Resort, Sun Rivers Golf Resort, Tobiano Living - Equestrian, Golf and Marina, Tranquille on the Lake, Aberdeen Highlands.

Taxation

City of Kamloops Schedule of 2012 Tax Rates

Class and Tax Rates 
Levy  Residential Utilities Supportive Housing Major Industry Light Industry Business/ Other Rec/Non-Profit  Farm 
General - City 4.93 36.33 4.93 76.87 24.29 14.53 12.23 12.41
School 2.3939 14.2 0.1 6.4 6.4 6.4 3.4 6.9
TNRD 0.3624 1.2684 0.3624 1.2322 1.2322 0.8879 0.3624 0.3624
Hospital 0.3130 1.0955 0.3130 1.0642 1.0642 0.7669 0.3130 0.3130
BCAA 0.0599 0.5113 0.0000 0.5113 0.1843 0.1843 0.0599 0.0599
Total Tax Rate per $1,000 Assessed Value 8.0592 53.4052 5.57054 86.0777 33.1707 22.7691 16.3653 20.2453

Source: City of Kamloops - 2012