2010 assessment out today (Jan 4 2010)

[urban.one]

http://www.calgary.ca/assessment

My assessment went down 10% after it went down about 10% the previous year.

Ill have to wait till I get my tax bill to see where thats at. Didnt cityhall vote on about a 5% increase for this year?

[canadian_hustla]

haha i was just about to make a new thread.

yikes, mine went down 13%!!!!!!

[TC2002]

Mine went down about 10% too.

Does anyone know if I have to pay taxes on the land that my house is being built on right now even though it won't be ready for us to move in until later in the summer? I noticed the land got assessed.

[Xtrema]

What's with all the ?

You guys like paying taxes?

Properties are not sold based on assessments. So far the market value of my properties are about 10-25% above the assessed value.

[lint]

You should have already received a letter about your new assessment along with your new tax amount.

And yes, you pay taxes on the land. When your house is complete, there will be an amendment to include the house and you'll get a new tax bill for the total.

[Xtrema]

Originally posted by lint
You should have already received a letter about your new assessment along with your new tax amount.

If I recall correctly, the assessment is an estimate tax amount. The final one will arrive in April once rate increase is fixed and appeals are over.

[cdnsir]

Didn't the market recovered quite a bit during the final half of last year? For that reason, I'm actually worried quite about a huge jump in assessment next year...

[quazimoto]

Well lower assessments are a bad thing for home equity lines of credit. The number of people that think they can get a 100k HELOC well, you'd be surprised just how many people think their 300k home is worth 500k.

[Tik-Tok]

Down 8.9%, so even if tax rate is increased, I'll be paying less I suppose.

A little disappointing that my house was on par with average house price in Calgary for our first 4 years, and the last 2 it's been significantly lower.

I'm guessing the city hasn't paid attention to my reno's, lol, and I'm sure as hell not telling them.

[core_upt]

Mine dropped A LOT - about 18%!
maybe the Ctrain line going up a block away is lowering the value? Or this is the city's way of apologizing for two years of crappy traffic.

[calgarygts]

my condo went down about 21%, the parking spot went up 25% for a total downturn of around 17%. I like it, lower taxes I hope!

[atgilchrist]

Down 18% (Beltline Condo), let's go lower taxes!

[bspot]

Yikes. I think I'm up 17%. Anyone know how to search for last year's numbers?

[Kloubek]

Mine went down considerably.... though I don't remember exactly what it was last year.

Oh well - I could give two shits... I'm moving out in a week!

[FiveFreshFish]

The mill rate is what's important. They'll still get their 5% tax hike no matter what the assessments are so don't expect any relief.

My assessment dropped by 15.3%.

http://www.calgaryherald.com/news/Ca...482/story.html

[boxer23]

Originally posted by core_upt
Mine dropped A LOT - about 18%!
maybe the Ctrain line going up a block away is lowering the value? Or this is the city's way of apologizing for two years of crappy traffic.

do you live in springbank hill?

west 69?

[Clever]

Mine dropped by 15.5%, lower taxes is an upside, I suppose.

[tsi_neal]

down about 10% despite building a garage...

[Seanith]

Down 19%.

[Sal0]

Down 17%