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Old 01-02-2009, 10:25 AM   #11
AFireInside
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Join Date: Oct 2001
Location: Calgary
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Quote:
Originally Posted by ken0042 View Post
Mine went down by about 2%.

Funny- there are 3 houses identical on my street- same build; same upgrades, etc. Mine and another are 368,500 and 369,000. The third is 344,500. And that lower number is pretty close to the true value; as that is about what it sold for in the fall.

If it sold for 344,500 in the fall depending on when, then the higher number is likely more accurate. As someone said above, the assessment is based on what the house would have sold for on July 1st. As for why the values are different for identical houses, can't really explain that one. There are other factors besides just build and upgrades though.
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