Quote:
Originally Posted by ken0042
Well, to give you a real world example, my parents own a ~$220K house in Winnipeg that would be comperable to a house in Acadia that would go for $400K. 2 years ago they paid $3500 per year.
My house was valued at the last assesment of $370K, and I pay about $1700 per year. Assuming that house in Acadia was assesed at $500K last year, that still puts my parents as paying about 80% more in Winnipeg.
However their small street gets the snow plowed a few times in the winter.
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Right but if you compare the two homes, yours and your parents which is nicer? I know that a 500K house in Calgary is nice but not upper middle class nice, simply middle class nice where as I am thinking a 500K home in Winnipeg would be upper middle class nice. I am thinking that in Winnipeg or Acadia that is considered an upper level home where in Calgary that is a starter brick/morter home or middle class home.
To me, just because Calgary has an arbitrarily high cost of living, are they using that to compare other cities property taxes. Does anyone have numbers as the the city tax revenue amount Calgary brings in compared to other cities. I am thinking its relativelty the same per citizen which is what should matter.
I dont think its a fair comparison just to compare property tax vis a vi home value to other cities, I think you should compare the average single family home tax compared to other cities regardless of home price. Meaning I have a 1000 sq foot condo, am I more or less likely to pay more or less property tax for the same type of condo in Winnipeg. I would think the guy in Winnipeg pays the roughly same tax, but doesnt have the inflated price and didnt have to pay the inflated price either.