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Tagged : Calgary Property Assessments

Found 1 blog entry tagged as "Calgary Property Assessments".

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

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