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Old 01-17-2014, 02:29 PM   #20
flambers
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Join Date: Aug 2002
Location: Calgary
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Quote:
Originally Posted by me_dennis View Post
This is quoted from the City of Calgary website http://www.calgary.ca/PDA/Assessment...ssessment.aspx



Wouldn't our house be considered a property that has sold? I don't understand why the purchase price wouldn't be considered.

Thank you for the link, I also checked the assessed value of my neighbours. My next door neighbour is assessed closer to what we paid, and his house is more similar in size.

The other neighbours have much larger houses, with 3 car garages and over 3000 sqft, but my assessed value is closer to theirs.
FYI....In my experience... A property assessment provides very little value for some one who is selling their home.

Its very miss-leading.
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