Quote:
Originally Posted by kevman
You should be successful appealing based on an actual purchase price. I had a similar situation where my assessed value on July 1st was $50k more than an actual purchase price on June 1st. I won my appeal and my assessed value for the year was my purchase price. Considering Calgary prices have gone up from the assessed value date of July 1st to your purchase date in December you should be fine despite the fact the dates don't line up.
I have also heard of others that have had success arguing based on actual purchase prices. That said, from my experience it's hardly worth the effort cause they'll just move it back up and then some the following year.
As for 2014 I'm up 11% in Sunnyside after being flooded. Anyone else that was under water have their values go up? The media seemed to indicate I'd see a break on my assessment this year but that certainly wasn't the case.
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Out of thanks.
That's kind of what my thoughts were. The assessed value is as of July 2013 and I have not heard of Calgary housing prices dropping in 2013, so it would make sense if I paid more than (or closer to) the assessed value in Dec 2013, but the opposite happened. The numbers just don't logically make sense to me.