2019 Property Assessments

[heavyfuel]

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There's a couple really helpful mortgage guys on beyond. If you have questions, I urge you to ask those guys.

I know... I got all my first home buying resources here... I'm happy with the mortgage broker and the low rate he got me.

[ExtraSlow]

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I know... I got all my first home buying resources here... I'm happy with the mortgage broker and the low rate he got me.

Make sure to hassle them with your questions about refinancing and change in property value as well. Advice is what you pay for when you use them, and all the good ones will give you that advice at any time in the process, not just when you are shopping for a new mortgage.

[schocker]

Mine dropped like 10% this year.

[nickyh]

Up 3% in Aspen Woods.
Still, no chance in hell of selling for our assessed value.

[holden]

If I bought my house this summer, should me assessed price be close the the sale price? I bought for $580k a few months ago and it's assessed at $603k.

[ExtraSlow]

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If I bought my house this summer, should me assessed price be close the the sale price? I bought for $580k a few months ago and it's assessed at $603k.

The two things are only loosely related. That's probably closer than a lot of people.

[Thaco]

down 6%

[89coupe]

Up 2.4% Aspen Woods

[killramos]

Up 0.07%, keep up the good work City of Calgary

[A2VR6]

Down 0.07%

[ExtraSlow]

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Up 0.07%

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Down 0.07%

You two make a cute couple.

[dirtsniffer]

Down 0.4% on the house
Down 5.4% on the townhouse

[A2VR6]

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You two make a cute couple.

West side of Center Street vs East side

[S-FLY]

http://www.calgary.ca/PDA/Assessment...sessments.aspx

Residential property assessments

Residential property assessment in Calgary refers to the annual assessment of single residential and residential condominium properties for the purpose of distributing fair and equitable taxation. 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.


Market value

Market value is the amount a property might be expected to realize if it sold on the open market by a willing seller to a willing buyer. For the purposes of mass appraisal, it is an estimate based on analysis of a range of sales.
The market value of residential properties is calculated through a method known as mass appraisal.


Improved properties

Factors that affect residential market value may include
total finished living area above grade
total finished living area below grade
quality of structure
age of structure
renovation level
building type (i.e. duplex, etc.)
structure type (i.e. bungalow, two-storey, etc.)
unit type in condominiums (i.e. townhouse, apartment, basement unit, end unit, penthouse unit, etc.)
existence, type and size of garage
lot size
views attainable from the property
property location within the community including:
proximity to traffic
green spaces
community services
commercial properties
multi-family properties
waterways
schools
trains
transmission lines
communications towers

Note: The size of your home is based on the dimensions of the building, which are provided by builders or an exterior measurement. The size of your lot is determined from registered plans.

[Little Dragon]

Down 12%. Fair assessment I’d say for the CoC

[CorvetteMusic]

Downtown 1.5 bedroom condo with unobstructed view of skyline. Valued at 329500 last year, now 315,000
At least I talked em down to 300k for it from 330 last summer. (including tax)

[msommers]

Down 7.82% - Condo

[-relk-]

Mine is up 5% from last year. We bought it in May of 2018, and there were quite a bit of renos done on the interior when we bought it. Would that account for the increase, or does anyone think it would be worth an appeal?

Hard to see how the property has gone up 5% in value with the way the market has been.

[vengie]

Any way to access previous year assessments?

[Brent.ff]

mine (well, my old one), is to the dollar that i sold it at (down 1%).. not sure if that's a good thing or not