Calgary Real Estate Area Index

Jim Sparrow
Royal LePage Solutions

If you have any questions or need more detailed information, please feel free to contact us via phone or fill out the form to let us know how we can help with your Calgary real estate needs.

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 : Sale Price vs Assessed Value

There are currently 1 blog entries matching this tag.

Calgary Property Assessments: Fact or Fiction?

Friday, October 21st, 2011 at 5:53pm. 3984 Views, 9 Comments.

2 out of 3 Calgary homes sell for less than Calgary assessed tax valueCalgary Property Assessments: Fact or Fiction?

 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…


My Account

Log in, to view your saved searches and add to your favorite listings.

Sign Up Here For Your FREE Account

... So You Can:

  • View detailed property information
  • Print detailed property flyers
  • Save your searches & favorite homes
  • Inquire about a private showing
  • Map individual property locations
  • Share your favorite homes with friends