Rural N.B. homeowner questions property assessment increase

A homeowner in rural New Brunswick is questioning a big increase in his property assessment.

Luke Barton and his young family found their dream home when they moved from Prince Edward Island to the community of Browns Yard, N.B., in 2021.

The stunning, secluded property overlooks the Richibucto River in a rural area about 50 minutes north of Moncton.

“We’d love to stay here and enjoy it, it’s just getting a little expensive,” he said.

Barton is questioning why the province has raised his property assessment value so significantly over the past few years.

The assessment jumped from $255,200 in 2021 to $541,900 in 2022.

This year, it jumped from $660,000 to $795,600.

It’s gone up $540,400 since they bought the home three years ago.