Calgary Real Estate Area Index

Jim Sparrow
Royal LePage Solutions

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Royal LePage Calgary Royal LePage Solutions
#16, 11625 Elbow Drive SW,
Calgary, AB. T2W 1G8
Direct: (403) 703-2404
Office: (403) 252-5900
Fax: (403) 705-1960

Tagged : Calgary Property Assessment

There are currently 1 blog entries matching this tag.

Calgary Property Assessments: Fact or Fiction?

Tuesday, January 5th, 2010 at 8:31pm. 1575 Views, 2 Comments.

Calgary Property Assessments: Fact or Fiction?

Calgary Property Assessment According to the 2010 Calgary property assessments the city mailed out January 4th, Calgary property values dropped by 13% from the previous year.

Clients often call me this time of year questioning their property assessment. The city's assessment process confuses many property owners, who often believe their Calgary home or condo is worth far more or less than the posted assessed values.

Let's be clear about one thing: city property assessments have no relationship to the current market value of Calgary property. The 2010 annual property assessments reflect the estimated market value of property as of July 1, 2009 and include any physical changes that have occurred up to December 31, 2009. The Calgary market…


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