2016 year property assessments [Archive] - Beyond.ca - Car Forums

A2VR6

01-05-2016, 11:54 PM

Originally posted by BerserkerCatSplat

Good god, WTF did you do? Build a second, smaller house on the property? :rofl:

Ours only dropped by 1%, taxes went up $6/mo. Can live with that.

Well, the place was reno'd in 2013/2014 but it was just cosmetic work..it's not like we demo'd the thing... hell all that was added was a double garage vs. the old single. :rofl:

Maybe it's a time to file a formal complaint. :dunno:

sabad66

01-06-2016, 07:03 AM

Assessed value down 8% compared to what i paid for it last May, property tax $8 lower per month. Townhouse in Beddington.

LilDrunkenSmurf

01-06-2016, 09:37 AM

Mine went up from 271,000 to 306,500

35,500 increase, or 13% increase.

mr2mike

01-06-2016, 10:02 AM

5% decrease. -$24K
Inner city

I'd lose my mind if it went up 33%?!
A2VR6 must have been sending hate tweets to Purple Prince in 2015.

StreetRacerX

01-06-2016, 10:10 AM

Detached home in Shawnessy dropped 4%($15000).

speedog

01-06-2016, 10:11 AM

Originally posted by A2VR6

Well, the place was reno'd in 2013/2014 but it was just cosmetic work..it's not like we demo'd the thing... hell all that was added was a double garage vs. the old single. :rofl:

Maybe it's a time to file a formal complaint. :dunno:
Was your assessment adjusted in 2014 or 2015 to reflect your renovations and what did those renovations consist of? What community and the garage most likely added to your assessment a bit. Many factors at play here.

Ous, almost inner city 1955 bungalow, 0.5% assessment increase, estimated 5% tax bill increase. Assessment is probably pretty much bang on what market value is.

killramos

01-06-2016, 10:18 AM

Repost from the other thread that was before this started:

Down 6.8% from last years assessment so looks like my property taxes are going down

Still way above what I paid for the place so idgaf

A2VR6

01-07-2016, 12:10 AM

Originally posted by speedog

Was your assessment adjusted in 2014 or 2015 to reflect your renovations and what did those renovations consist of? What community and the garage most likely added to your assessment a bit. Many factors at play here.

Ous, almost inner city 1955 bungalow, 0.5% assessment increase, estimated 5% tax bill increase. Assessment is probably pretty much bang on what market value is.

No it wasnt... it was only raised this year. I would say the house was gutted to the studs and rebuilt using newer material (house was built in 1948). We're located in Capitol Hill... neighbors stayed about the same, we're inline with what the infills around us are being assessed at.

Xtrema

01-07-2016, 12:24 AM

Originally posted by speedog
Assessment is probably pretty much bang on what market value is.

Seems to be the case for most inner city, rebuilt or original, assessed at close to market. The burbs seems to be about 5-6% below market.

A couple of inner city properties that I checked that were assessed slightly over $1M last year are all readjusted to ~$850K this year. Seller drop the asking price by $150K but still want close to $1M. It's gonna sit, I don't see it fetching more than assessed price.

RealJimmyJames

01-07-2016, 11:24 AM

I think my assessment has been slightly high for several years. It's done down 3% this year, but still think it's a bit high.

benyl

01-07-2016, 01:06 PM

Mine went up $20K. WTF.

Sugarphreak

01-07-2016, 01:11 PM

...

max_boost

01-07-2016, 01:46 PM

Condo was bang on. It's assessed $2k less than what I paid for it.

The house is also right after paying realtor fees.

89coupe

01-07-2016, 07:10 PM

Originally posted by benyl
Mine went up $20K. WTF.

That's what happens when you buy the biggest house on the street, lol.

Maybe they saw the AMG on the drive-way and thought, this guy makes too much money for this neighborhood.:rofl:

Darkane

01-07-2016, 07:14 PM

Up 10k. didn't see that coming.

JudasJimmy

01-07-2016, 08:49 PM

Mine went up 200K ??

Deetz

01-07-2016, 08:52 PM

i'm up 16K this year :bigpimp:

BerserkerCatSplat

01-07-2016, 09:15 PM

Originally posted by 89coupe

Maybe they saw the AMG on the drive-way and thought, this guy makes too much money for this neighborhood.:rofl:

Influences: Ballin' Ride

dj_rice

01-07-2016, 10:22 PM

Mine went up 8K which relates to $4 more on taxes this year :thumbsup:

benyl

01-07-2016, 11:33 PM

Originally posted by Sugarphreak
I thought you were in the 7 figure club? You should have gotten a 10% drop.

Hence the "WTF" :dunno:

I was expecting a drop as houses over $1MM have been dropping.

eblend

01-08-2016, 12:15 AM

Down about 4.5k for me, after going up like 50 last year

viff3r

01-08-2016, 09:42 AM

Moved in the summer, the assessed value on our new house is ~$55k less than what I paid haha.

cet

01-08-2016, 09:46 AM

New build which I took possession of at the end of August. I was assessed at about $15,000 above what I paid.

dandia89

01-08-2016, 10:12 AM

Originally posted by rage2
11% drop. Nice!
same. not the same reaction though!

C_Dave45

01-08-2016, 10:19 AM

Mine went down exactly 1.2% :dunno:

I'm more curious about what the city assessment is compared to the CMA?

It used to be, the city's was way below the CMA. It doesn't look like that's the case since last year. What's the consensus?
It seems too easy for the city to just come in and assess your house higher in order to get more tax revenue. 2014 was a huge jump over 2013, and then 2015 not so much.

Eride

01-08-2016, 10:21 AM

Up 80k, totally not realistic at all I'll be asking for a review.

Sugarphreak

01-08-2016, 10:26 AM

...

benyl

01-08-2016, 10:39 AM

Originally posted by Sugarphreak

the fairest way is to take a snapshot of one moment and use that as a basis for tax.

They do. Sales data for July 1st from the previous year.

Most residential property within Calgary is assessed using the sales comparison approach to value and is based on The City of Calgary’s estimate of the market value of the property on July 1 of the year prior to taxation, and the characteristics and condition of the property as of Dec. 31 of the year prior to taxation.

http://www.calgary.ca/PDA/Assessment/Pages/Residential-property-assessments.aspx

jwslam

01-08-2016, 11:01 AM

1350sqft starter home

2014-390
2015-431.5
2016-398

:nut: :nut:

msommers

01-19-2016, 10:28 AM

-7k. :thumbsup:

98brg2d

01-19-2016, 11:30 AM

My assessed value dropped by about $10,000. My neighbours (~6 closest houses) dropped from $60,000 to over $100,000?!?! WTF, my house, which had previously been assessed as the lowest value house on the street (and rightfully so) is now assessed as the most expensive?!?!? My neighbours are going to pay ~$1000 less per year than me when their houses are actually worth more (newer and better renovations, larger lots, larger floor plans etc.).

JordanLotoski

01-19-2016, 12:33 PM

Mine went up 700k:eek:

I finished construction well prior to last years assessment so unsure what the huge jumps for

:banghead:

ercchry

01-19-2016, 01:06 PM

^^ probably lots of sales data in the area boosting everyone compared to normal

Can't believe people are still seeing increases, and I was pissed to see only a $5500 drop... Went $466>$540.5>$535.... Don't see how I'm worth more than I was in 2014...

RX_EVOLV

01-19-2016, 01:10 PM

Up 20K :dunno:

$436 (2014) > $510 (2015) > $532 (2016)

mrsingh

01-19-2016, 03:52 PM

My house in Kincora is down 9.7% from last year. I would say the current assessment is about $10k high in the current market.

Kloubek

01-19-2016, 04:19 PM

Originally posted by mrsingh
My house in Kincora is down 9.7% from last year. I would say the current assessment is about $10k high in the current market.

I'd agree with that. I'm in Kincora as well, and I believe without factoring in improvements I've made, my place is about 10k high as well compared to market value.

FraserB

01-19-2016, 06:52 PM

Down $3k before I even have keys :thumbsup:

KPHMPH

01-20-2016, 08:53 AM

Mahogany.

$775 went up to $789k.....

I'm pissed, there is no need for it to go up :whipped:

BigDL

01-20-2016, 10:35 AM

1300ish sqft starter home in Nolan Hill up $10k from 409 to 419 this year. I did get a fence put up and grass though.

blownz

01-27-2016, 11:52 AM

Mine only went up $1K which is nice as the property taxes will be lower.

Something I have noticed for a few years now and not sure if this happens in other crescents, but the gap between the most expensive house in our crescent and the cheapest have been getting narrower. When we first built, mine was the most expensive assessment and it is the largest square footage, 3rd largest pie lot but only one facing west (rest are NW to E). But my increases have been way smaller than the other houses so the gap is getting closer. Doesn't really bother me as I am not looking to sell, but it seems a bit odd.

My taxes have decreased 3 of the last 4 years though because of this. Another guy in the crescent I talk to with one of the cheapest assessments said his has increased every single year.

roopi

01-27-2016, 12:55 PM

Originally posted by BigDL
1300ish sqft starter home in Nolan Hill up $10k from 409 to 419 this year. I did get a fence put up and grass though.

Fence/Grass have no affect on assessments.

Darell_n

01-27-2016, 01:46 PM

Up nearly $50k this year. Maybe the k-9 school opening last year at my door step had another side effect I didn't consider.

killramos

01-27-2016, 02:01 PM

Originally posted by roopi

Fence/Grass have no affect on assessments.

It sure as hell affects curb appeal and by extension property value...

giant pit of mud vs nice green grass. I know which one is worth more to me.

roopi

01-27-2016, 02:51 PM

Originally posted by killramos

It sure as hell affects curb appeal and by extension property value...

giant pit of mud vs nice green grass. I know which one is worth more to me.

Your opinion has no affect on property assessments either. :D

The house 2 blocks from me that sold for 1.8 million affected the assessment of my home. My 6 neighbors who all finished landscaping in the past year had no impact. My mud pit still had an increase in assessment. I did add a fence so my mud would not spill into the streets so maybe that had an affect.

RX-7_TWINTURBO

01-28-2016, 02:22 AM

Originally posted by Darell_n
Up nearly $50k this year. Maybe the k-9 school opening last year at my door step had another side effect I didn't consider.
up $35k, Sounds like we live in the same neighbourhood

roopi

06-01-2016, 10:09 AM

It looks like tax bills are out. I haven't checked my mail yet but came by this article today. Why are people so shocked. Didn't the assessment 4 months ago give you an idea of what was coming?

700k home and complaining about taxes. Is that you Sugarphreak? :rofl:

http://globalnews.ca/news/2733701/ouch-property-tax-hike-outrages-many-calgary-homeowners/

Some Calgarians are getting sticker shock when they open their 2016 property tax bills, which were mailed out last week.

Heather Morris is holding down three part-time jobs to make ends meet, and now her property taxes have risen by almost $100 per month.

She owns a home in Renfrew appraised at $700,000 for 2016.

Her taxes are going up from $3,700 to $4,800 a year. Morris says it’s a hardship for her to pay the extra amount.

“I can’t handle it – it’s soon going to be in a position (where either) I buy …a loaf of bread or I pay my taxes and taxes are not negotiable,” Morris said.

Some homeowners are paying more than 50 per cent over last year, largely because the city collects taxes on behalf of the Alberta government.

“We have to pass it on to tax payers, so the provincial portion of your property tax bill is going up 10 per cent. The municipal portion is only going up by three-and- a-half per cent,” Ward 10 councillor Andre Chabot said.

Many Calgarians are voicing their frustration on social media.

The projected 2017 tax hike is 4.7 per cent, but some councillors want that cut back if possible to just over three per cent.

They are asking city managers to prepare a report for next month to show what the impact of that cutback would be on municipal services.

So just where do your property taxes go?

The city has an online calculator to help you figure out it out.

For example, if your annual tax bill is around $3,800, about 40 per cent of that — more than $1,500 — is going to the province. The next big ticket item is policing at $506.

The itemized list includes everything from transit and garbage pick-up to roads and recreation.

JudasJimmy

06-01-2016, 10:13 AM

Mine went from $4800 to $6300

nickyh

06-01-2016, 10:21 AM

last year, $4200 this year $4400, i have enough in my tax account to cover this just fine plus left over for the slush fund.

I think i was expecting to see around $4600 so this was a decent surprise.

Sugarphreak

06-01-2016, 10:27 AM

...

roopi

06-01-2016, 10:40 AM

Originally posted by Sugarphreak

Yeah, but the assessment 4 months ago didn't include the 10% hike the NDP tacked onto it

I haven't got mine yet.... but I imagine it is going to be fucking awful

Right I forgot about the additional hike from NDP.

Xtrema

06-01-2016, 10:54 AM

Originally posted by roopi
It looks like tax bills are out. I haven't checked my mail yet but came by this article today. Why are people so shocked. Didn't the assessment 4 months ago give you an idea of what was coming?

700k home and complaining about taxes. Is that you Sugarphreak? :rofl:

http://globalnews.ca/news/2733701/ouch-property-tax-hike-outrages-many-calgary-homeowners/

Same boat as this lady but didn't get screwed as much. 10% increase from last year even with assessment being 3% less.

Proyecto2000

06-01-2016, 11:02 AM

My house was $440k last year and now assessed at $421k. My monthly tax payment increased by $30 so I guess I got lucky

RX_EVOLV

06-01-2016, 11:32 AM

Property tax increased 17.3% :eek: :eek:. Looking back that's a total of 30% increase in 2 years.

Kloubek

06-01-2016, 11:52 AM

Not really sure how much ours increased, but I believe it went from somewhere around $2500 up to $3000. That's a pretty big jump in one year.

While it sucks, it actually means the step up to the new home we're building in Chesteremere won't be quite as much of a shock.

roopi

06-01-2016, 11:53 AM

Originally posted by Kloubek
Not really sure how much ours increased, but I believe it went from somewhere around $2500 up to $3000. That's a pretty big jump in one year.

While it sucks, it actually means the step up to the new home we're building in Chesteremere won't be quite as much of a shock.

:rofl: I guess you aren't familiar with tax rates in Chestermere. Be prepared for another shock.

Sugarphreak

06-01-2016, 12:03 PM

...

Kloubek

06-01-2016, 12:24 PM

Originally posted by roopi

:rofl: I guess you aren't familiar with tax rates in Chestermere. Be prepared for another shock.

Oh, I know they are more. I'm just saying that as my current taxes creep up closer to that of Chestermere (who I believe got a 3% cut this year?), it gets a bit easier to swallow.

Strider

06-01-2016, 12:44 PM

Filed a complaint last year and had my assessed value dropped from $737k to $640k and paid $3600 in tax.

This year, the assessment came in slightly lower and taxes are up just under 10%. Guess I won't complain too much.

nzwasp

06-01-2016, 01:11 PM

Originally posted by Proyecto2000
My house was $440k last year and now assessed at $421k. My monthly tax payment increased by $30 so I guess I got lucky

This is similar to mine, House last year 665k this year 619k and my taxes went up $30 a month.

FraserB

06-01-2016, 01:16 PM

Originally posted by roopi
It looks like tax bills are out. I haven't checked my mail yet but came by this article today. Why are people so shocked. Didn't the assessment 4 months ago give you an idea of what was coming?

700k home and complaining about taxes. Is that you Sugarphreak? :rofl:

http://globalnews.ca/news/2733701/ouch-property-tax-hike-outrages-many-calgary-homeowners/

That's pretty insulting to imply Sugarphreak would even consider living in a 700k house.

A2VR6

06-01-2016, 01:39 PM

Looks like mine went up about $175 a month :(

sabad66

06-01-2016, 02:05 PM

Can someone ELI5 why my TIPP taxes dropped in January (compared to November 2015), but now it's up? What is the "year" for property taxes? is it Jan-Dec, or is June-May?

pheoxs

06-01-2016, 02:21 PM

Originally posted by sabad66
Can someone ELI5 why my TIPP taxes dropped in January (compared to November 2015), but now it's up? What is the "year" for property taxes? is it Jan-Dec, or is June-May?

Taxes are Jan-Dec but recalculated in the middle of the year.

I'm not 100% certain this math is right but this is how I understand it.

2014 taxes - 900$
2015 taxes - 1000$
2016 taxes - 1100$

Upto 2015 mid year you are paying taxes based on the last amount of 900$, so 75$ a month (900/12months). Then mid year rolls around and it's oh shit taxes are 1000$ for this year, and we need to make up the difference. So you've paid 450$ (75*6months) so far and need to repay 550$ (1000-450) over the latter 6 months, so you end up paying 92$/month. End of the year everything is balanced and life is good.

January 2016 rolls around and they use your latest tax assessment of 1000$, so 83$ a month (1000/12). Then again mid year rolls around and then it's, oh shit taxes are actually 1100 this year, and we need to make up the difference. So you've paid 498$ (83x6month), and you need to repay 602$ (1100-498) over the latter 6 months and end up paying 100$ a month.

I 'think' this is how it sort of works, which is why your taxes seem to drop in January but then jump up higher in June. Or I'm totally out to lunch.

cet

06-01-2016, 02:31 PM

^That's pretty much how it works. Here's an overview from the city.

http://www.calgary.ca/CA/fs/Pages/Property-Tax/Tax-Instalment-Payment-Plan-TIPP/TIPP-Overview.aspx

How does TIPP work?

Each year property taxes are billed in May, due at the end of June and cover the period from January 1 to December 31.

If you pay through TIPP you don't need to worry about the payment deadline or late payment penalties. Your taxes are spread over 12 months, starting January 1, with your account being paid in full after your December 1 instalment.

Your instalment amount is calculated by dividing your most recent annual tax levy by 12, rounded up to the nearest dollar. This amount is paid through automated withdrawals from your bank account the first day of each month.

When you receive your annual tax bill in May your instalment will be adjusted to reflect the actual tax levy, ensuring your account is paid in full by year end.

Your tax bill will show:
- The TIPP credit-to-date.
- The new instalment amount for the remainder of the year.
- The date we will start withdrawing the new instalment amount.

At year-end:
- TIPP automatically continues from year to year.
- In November, instalments are reviewed for the up-coming tax year to bring the monthly payment to an ideal amount. This ideal amount becomes the revised instalment beginning January 1.
- If an adjustment is made to your instalment amount, you will be notified.

sabad66

06-01-2016, 03:05 PM

thanks guys. Seems like they need to do a better job "estimating" our taxes on Jan 1 so that we don't get these shocks in the middle of the year.

Xtrema

06-01-2016, 03:57 PM

Originally posted by sabad66
thanks guys. Seems like they need to do a better job "estimating" our taxes on Jan 1 so that we don't get these shocks in the middle of the year.

It's the same shit every year. Even in good times.

The only time that property taxes was stable was during Klein/Duer years.

03ozwhip

06-01-2016, 04:23 PM

Hi I wonder what strathmores already high taxes are going to change to...not looking forward to it in the new house.

kaput

06-01-2016, 04:40 PM

01RedDX

06-01-2016, 04:44 PM

lilmira

06-01-2016, 04:45 PM

My monthly payment went from ~220 in 2008 to ~300 now.

max_boost

06-01-2016, 04:49 PM

Originally posted by A2VR6
Looks like mine went up about $175 a month :( Don't sweat it baller. :bigpimp:

Mine was $3300 last year & $3600 this year.

Sorath

06-01-2016, 05:02 PM

Went up $95/month

KPHMPH

06-01-2016, 06:48 PM

$1.75M ... $11 grand in taxes :banghead: yaaaaaaaay

bleu

06-01-2016, 06:56 PM

$3600 to $4100

:(

Xtrema

06-01-2016, 07:50 PM

Originally posted by Sugarphreak
Just found mine in the mail box... let's see here, just shy of 7000$. So a bit cheaper than last year, but then again I lost 10% on my home value. :rolleyes:

Well nobody ever buy at that assessment rate anyway. So may as well save a few bucks.

Neil4Speed

06-01-2016, 09:08 PM

Boo... about $2150. This should be less painful than income taxes (I feel like the city provides a fair bit), but still is a pain.

blownz

06-03-2016, 09:17 AM

Originally posted by KPHMPH
$1.75M ... $11 grand in taxes :banghead: yaaaaaaaay

That is a deal on $1.75M...

$1.9M empty lot in SE Calgary = $30K

And shitty market to develop or lease or sell it. :thumbsdow

Sugarphreak

06-03-2016, 10:21 AM

...

BerserkerCatSplat

06-03-2016, 11:11 AM

Very odd. The Jan 1st assessment indicated ours would go up by $6/mo. I expected that due to the carbon tax stuff, we would see a larger increase... but the actual tax bill only increased them by $3/mo. Count ourselves lucky, I guess.

blownz

06-03-2016, 12:57 PM

Originally posted by Sugarphreak
That is bull shit, nobody should be paying that much for an empty lot. Property tax should be based on occupancy, that relates directly to consumption and service usage. We don't pay income tax based on our bank accounts, why are we paying property tax based on a single asset!?

Bad pic, but here is the assessment:

Dumbass17

06-03-2016, 02:08 PM

Buying my first home, reading this thread frightens me! Haha

adam c

06-03-2016, 02:25 PM

Taxes went up 10% yet my assessed house value has dropped... Everything I heard is this was a 3.5% increase, so how many houses actually went down to make this only a 3.5% increase

06-03-2016, 02:32 PM

Originally posted by blownz

Bad pic, but here is the assessment:

Why is the tax rates so much higher?

On my bill is say
.003709000 and .002464800 respectively

Found it...http://www.calgary.ca/CA/fs/Pages/Property-Tax/Tax-Bill-and-Tax-Rate-Calculation/Current-Property-Tax-Rates.aspx

http://www.calgary.ca/PDA/Assessment/Pages/Non-residential-property.aspx

So by the tax bill alone you don't know how big this piece of land is.

nzwasp

06-03-2016, 02:49 PM

Originally posted by BerserkerCatSplat
Very odd. The Jan 1st assessment indicated ours would go up by $6/mo. I expected that due to the carbon tax stuff, we would see a larger increase... but the actual tax bill only increased them by $3/mo. Count ourselves lucky, I guess.

Does the province portion this year include the carbon tax levy? I thought that would be paid by non direct means ie higher gas taxes, more levies on power consumption.