Quote:
Originally Posted by malcolmk14
Up from $725k to $825k in Rosscarrock.
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This gets me thinking about how the city assessment system actually works. If there are few or no transactions in your neighbourhood, does the price of a home move that much? It seems like a number of us have had the experience of the city rocketing the value when we purchase because the price is adjusted after that transaction…which implies to me that they’re not pricing appropriately for years?