BC homeowner grant threshold raised to $1.65M

As real estate values continue to rise across the province, the B.C. government is raising the threshold for the homeowner grant to $1.65 million for 2018.

The basic homeowner grant is $570 and will be automatically calculated based on property tax notices. The amount rises to $770 if the home is in a northern or rural area; up to $845 for seniors and people with disabilities; and up to $1,045 for people who meet a combination of those criteria.

​Only homes used as an owner's primary residence are eligible for the grant.