01-04-2010, 03:58 PM
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#1
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Farm Team Player
Join Date: Sep 2009
Location: Calgary, AB
Exp: 
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Calgary Property Taxes... so is yours up or down?
http://www.calgaryherald.com/news/Ca...512/story.html
After reading this article, I went and browsed the City of Calgary website to look up what my place got assessed at. Looks like my property taxes go down for another year in a row. This is a bit worriesome if I was looking to sell I suppose, but I'm not.
How about you guys?
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01-04-2010, 04:07 PM
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#2
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Unfrozen Caveman Lawyer
Join Date: Oct 2002
Location: Crowsnest Pass
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01-04-2010, 04:08 PM
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#3
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First Line Centre
Join Date: Oct 2001
Location: The centre of everything
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Mine went down...again (West Hillhurst). Mine dropped $95K (~12%)...so at least my taxes wont change much.
Last edited by FLAMESRULE; 01-05-2010 at 09:19 AM.
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01-04-2010, 04:18 PM
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#4
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First Line Centre
Join Date: Mar 2006
Location: CALGARY
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Mine went down quite significantly 18.9%...good thing we're not planning on moving!
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01-04-2010, 04:22 PM
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#6
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Franchise Player
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I have no idea what my previous assessment was, so I have no idea if I'm going up or down.
Fascinating, I know.
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01-04-2010, 04:32 PM
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#7
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My face is a bum!
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Up about $70K. F.
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01-04-2010, 04:39 PM
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#8
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Franchise Player
Join Date: Jul 2005
Location: in your blind spot.
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Mine looks to be down but then this was as of July 1 so that would make sense.
__________________
"The problem with any ideology is that it gives the answer before you look at the evidence."
—Bill Clinton
"The greatest obstacle to discovery is not ignorance--it is the illusion of knowledge."
—Daniel J. Boorstin, historian, former Librarian of Congress
"But the Senator, while insisting he was not intoxicated, could not explain his nudity"
—WKRP in Cincinatti
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01-04-2010, 05:08 PM
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#9
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Franchise Player
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I don't really get how these assessments work. What exactly goes into a property assessment? What differs from one house to the next, especially in condo buildings?
For example, the condo beside mine is appraised at $10K less then mine, despite the fact that it is bigger. We are both in the same building, so anything that was upgraded was upgraded on both of our condos (ie. roof, water heater, etc)
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01-04-2010, 05:55 PM
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#10
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Franchise Player
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I think mine dropped about $50K also.
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01-04-2010, 05:58 PM
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#11
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Lifetime Suspension
Join Date: Oct 2007
Location: SW
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Mine went Down $62K....................... 
My Sisters place down the street dropped over $70k
Last edited by Methanolic; 01-04-2010 at 06:00 PM.
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01-04-2010, 06:08 PM
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#12
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Farm Team Player
Join Date: Sep 2009
Location: Calgary, AB
Exp:
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Mine went down 56k from last year. It's now lower than it was back in 2007. Somehow I suspect some of the houses that recently sold around me in the last year caused the drop. A lot of divorces in the area and some are just taking whatever the heck is offered for their homes just to get out. Of course this just dumps on the market here....
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01-04-2010, 06:49 PM
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#13
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Franchise Player
Join Date: Jun 2005
Location: Hell
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down 50k
__________________
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01-04-2010, 07:18 PM
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#14
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Late Bloomer
Join Date: Oct 2002
Location: Campo De Golf
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Mine went down $55,500
Hopefully I'll see a small reduction in taxes.
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01-04-2010, 07:21 PM
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#15
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Franchise Player
Join Date: Nov 2006
Location: Supporting Urban Sprawl
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Mine went down a bit, but I am not sure how much.
__________________
"Wake up, Luigi! The only time plumbers sleep on the job is when we're working by the hour."
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01-04-2010, 07:46 PM
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#17
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Chick Magnet
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-54,000
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01-04-2010, 07:52 PM
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#18
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Franchise Player
Join Date: Oct 2006
Location: Calgary
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Mine dropped over well over 100K.
__________________
Fireside Chat - The #1 Flames Fan Podcast - FiresideChat.ca
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01-04-2010, 08:00 PM
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#19
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Chick Magnet
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It's hardly indicative of the market.
It's July 2008 through July 2009 sales data and the condition of your house on December 21st 2009.
It's using sales data from the period in which was considered the worst financial meltdown in how many years?
I could sell my house for 20k more than my assessment. That means it's down 34k from the last assessment which is still more than I paid in 2007.
Either way I lose money if I sold now, but it's hardly a bother at the moment.
My major concern in what interest rates will do to housing prices in the next 5 years. But at 3.89% and good prospects for wage growth I'm feeling okay
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01-04-2010, 08:30 PM
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#20
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Powerplay Quarterback
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down 64k - give or take a little = 18%
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