Connect

New Search X

October 2011

Found 2 blog entries for October 2011.

2 out of 3 Calgary homes sell for less than Calgary assessed tax value

 You're considering selling your Calgary home, and after speaking with your neighbours you decide to check the city of Calgary's Property Assessement webpage. You're pleased by the results - they confirm what you thought your property is worth.

What if I told you that more often than not, the assessed value that the City of Calgary has you paying taxes on is higher, occasionally by as much as 20% or more than the current market value of your Calgary home?

I randomly chose 15 Calgary properties that have sold this month (October 2011) in all price ranges and compared their sale prices to the posted assessed values on the city's website. The results are shown in the table below. Due to privacy laws I'm not allowed to display house number - instead

24,718 Views, 9 Comments

Calgary Real Estate: September 2011 Market Review

Calgary Real Estate Market Stats - Sept 2010

  •  SF Calgary MLS® sales for the month of Sept 2011 showed a 10.7% increase over Sept 2010.
  • Average sale price for Calgary homes was $466,167, a 1.3% increase over Sept 2010.
  • Median sale price for Calgary homes was $400,000, a 2.6% increase over Sept 2010.
  • Average days on market (DOM) for SF Calgary homes was 48 days
  • Calgary MLS® condo sales also were much stronger, with 16.9% more units selling last month vs Sept 2010.
  • Average sale price for Calgary condos was $299,315, a 5.4% increase over the same month last year.
  • Median sale price for Calgary condos actually fell 1.9% from the Sept 2010 level.
  • Average days on market (DOM) for Calgary condos was 58 days

 Calgary Real Estate Prices:

2,004 Views, 0 Comments