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.This quote is hidden because you are ignoring this member. Show Quote
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.This quote is hidden because you are ignoring this member. Show Quote
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.This quote is hidden because you are ignoring this member. Show Quote
This quote is hidden because you are ignoring this member. Show Quote
Mine dropped like 10% this year.
Up 3% in Aspen Woods.
Still, no chance in hell of selling for our assessed value.
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.This quote is hidden because you are ignoring this member. Show Quote
This quote is hidden because you are ignoring this member. Show Quote
down 6%
User title molested by Rage2.
This quote is hidden because you are ignoring this member. Show Quote
^^ Fact CheckedOriginally Posted by JRSC00LUDEThis quote is hidden because you are ignoring this member. Show Quote
This quote is hidden because you are ignoring this member. Show Quote
Up 2.4% Aspen Woods
Up 0.07%, keep up the good work City of Calgary
Originally posted by Thales of Miletus
If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
Originally posted by Toma
fact.This quote is hidden because you are ignoring this member. Show Quote
Down 0.07%
This quote is hidden because you are ignoring this member. Show QuoteYou two make a cute couple.This quote is hidden because you are ignoring this member. Show Quote
This quote is hidden because you are ignoring this member. Show Quote
Down 0.4% on the house
Down 5.4% on the townhouse
West side of Center Street vs East sideThis quote is hidden because you are ignoring this member. Show Quote
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.
Down 12%. Fair assessment I’d say for the CoC
TL
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)
Last edited by CorvetteMusic; 01-06-2019 at 05:50 PM.
Down 7.82% - Condo
Last edited by msommers; 01-07-2019 at 10:54 AM.
Ultracrepidarian
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.
Any way to access previous year assessments?
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