2025 Property Assessments

[16hypen3sp]

Up around 8% from last year but facing a 10.5% prop tax increase. In Red Deer tho.

[ExtraSlow]

You guys forget that the tax RATE will go up as well in the summer. Appraisal is just a part of this fuckery.

[ercchry]

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You guys forget that the tax RATE will go up as well in the summer. Appraisal is just a part of this fuckery.

Green lines don’t pay for themselves

[jabjab]

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Not bad, only a few %

Just under a mil for a half duplex

[skandalouz_08]

Just bought in Sept but my assessment is $100K less than my purchase price. Have to love buying high this year but got a long term home so can't complain. I'm sure once I put up the carriage house it will skyrocket next year.

[vengie]

Tax rate ≠ market value

[rage2]

The reason why there was such a huge bump for residential across the board is the city’s way of shifting tax base from non residential to residential. Non residential values was relatively stagnant from the looks of it. Low single digit increases.

But yea wait for the city to decide how much they feel like spending and the resultant mill rate to see how things actually look. These last 2 years of increases gonna make spendshi look more like thriftshi lol.

[e31]

Its just a matter of what flavour of incompetence you can tolerate of your government. Apparently the people of Ontario havent been assessed since 2016.

[KrisYYC]

One property up 32%, the other property up 48%. This is the first time I've seen the city actually get close to market value with my assessments. Historically they're usually way lower than true market value. Maybe the city is wising up and found a way squeeze more money out of us without actually having to publicly declare a tax increase.

[RX_EVOLV]

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Mine is assessed for ~$160k more than I paid for it 2 months ago.

Likely worth fighting.

Same here. it's 25% higher than the price we paid 2 months ago... so not worth fighting?

[muse017]

Up 15.6%... Wife got 5% raise and it got instantly erased lol

[Xtrema]

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Up 15.6%... Wife got 5% raise and it got instantly erased lol

Unless your wife make less than $50K, that's not how any of these works.

My guess on average increase would be about $30-40/mth range, not including the education portion.

[msommers]

Our realtor sent me a bunch of info this morning and as it turns out the City is actually pretty darn close to comparables over the last year. Should be thankful we got in when we did I guess!

[R-Audi]

up 16%...

For those looking at fighting the value, make sure to check the cities approved variance.. its usually something like 10%, which is usually well over the actual so a waste of money.

[Xtrema]

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One property up 32%, the other property up 48%. This is the first time I've seen the city actually get close to market value with my assessments. Historically they're usually way lower than true market value. Maybe the city is wising up and found a way squeeze more money out of us without actually having to publicly declare a tax increase.

I have been here for 22 years. This is the 1st time I have been assessed over market.

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up 16%...

For those looking at fighting the value, make sure to check the cities approved variance.. its usually something like 10%, which is usually well over the actual so a waste of money.

Also up 16% which is more than average of 14%.