2020 Assessments Out

[RX_EVOLV]

just under 10% from last year. I'm guessing this does not translate to lower property tax...

[benyl]

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The city deliberately doesn't provide you with year to year stats so you cannot compare. The lack of transparency is deliberate.

Um, my screen shows this:



I am up $10K WTF.

[bigbadboss101]

We moved in August. Down 7% since.

[ExtraSlow]

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Um, my screen shows this:



I am up $10K WTF.

Mine didn't show that, and the mailed copy doesn't either.

[max_boost]

511k last year
480k this year

Sounds about right.

[TurboMedic]

7.8% decrease for me, I did think 2019 was a bit high but it was all over. I'm indifferent overall

[benyl]

Did you use myid?

[nickyh]

down 5% over last year, up 20% compared to what i paid in 2009.
well below the bank appraisal done on the house in November, but i felt that was too high given recent sales comps in the area.

doesn’t mean anything, i’m still expecting i will pay $500 - $800 more in June over last year thanks to the tax increase.

[Tik-Tok]

Down 5% from last year. Still up 105% from when we bought.

If they don't change any of the pedicted rates, it'll be $100 increase from last year.

[gmc72]

2019: $557,500
2020: $524,500

2019 seemed way high for what we probably could have sold it for. We are thinking about selling this spring and the 2020 assessment is closer to what our realtor thought we could get. Down about 6%, so taxes should be about the same as last year.

[jwslam]

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Um, my screen shows this:

That's the screen that comes from logging in.

There's a different screen where anyone can see any property value, that doesn't show last year's info.

[benyl]

I get that screen when I click on the property I am looking at in more detail.

[tonytiger55]

Im down 9%.

[jwslam]

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I get that screen when I click on the property I am looking at in more detail.

Again, that's the difference between logging in (secure access) versus not (public access)

[Kijho]

Down 4%

[JfuckinC]

Do Reno's and garages make a difference to this shit?

My house is the newest reno'd and has a new (giant)garage on my street and it's like the lowest assessment haha

[pheoxs]

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Do Reno's and garages make a difference to this shit?

My house is the newest reno'd and has a new (giant)garage on my street and it's like the lowest assessment haha

Nope, city has no clue about reno's unless it's something you need a city permit for. Garage would definitely affect the value, depending on when it was built/completed maybe it didn't make it into this dataset?

[Shlade]

Bought my condo for 231k in 2016, assessment last year was 223, and now the current one is 197k.

I made two mistakes buying my first place. Buying a condo, and buying in Calgary. Oh well. Got till next October before I gotta worry about renewing mortgage. Hopefully market will go up a little bit so I can dump this place and buy a house in cochrane or somewhere out of the city.

[ercchry]

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Bought my condo for 231k in 2016, assessment last year was 223, and now the current one is 197k.

I made two mistakes buying my first place. Buying a condo, and buying in Calgary. Oh well. Got till next October before I gotta worry about renewing mortgage. Hopefully market will go up a little bit so I can dump this place and buy a house in cochrane or somewhere out of the city.

If you want to time it with renewal... I probably wouldn’t wait too long. 1-2 months for possession puts you into August for a firm sale, 3-4 months of market exposure (if you’re priced right) should do the trick on getting an offer which puts you into April for listing, but now you are right into the spring flood of listings... which personally I would try to beat. If you’re that close to renewal though we’re talking only a 3 month penalty if it goes early... which would be easily beat with a decent offer

[Shlade]

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If you want to time it with renewal... I probably wouldn’t wait too long. 1-2 months for possession puts you into August for a firm sale, 3-4 months of market exposure (if you’re priced right) should do the trick on getting an offer which puts you into April for listing, but now you are right into the spring flood of listings... which personally I would try to beat. If you’re that close to renewal though we’re talking only a 3 month penalty if it goes early... which would be easily beat with a decent offer

Sorry, I meant to say October 2021. But I get what you're saying. That's definitely something I will try to time correctly when tossing it up on the market and hopefully buying something else.