Quote:
Originally Posted by puckedoff
The property assessments in my neighbourhood are way out of whack. At least $100K above what anyone would pay for any of the houses on my block. Dilapidated shack I live beside is assessed at $605K! It would probably sell for $500 or less.
Ours is up 18% over last year, hoping that if the whole neighbourhood is up it means my taxes won't increase too much.
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There probably aren't a ton of detached homes going for under $500k in Calgary these days, unless it's a knockdown in a terrible location.