01-04-2008, 08:25 PM
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#21
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First Line Centre
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How depressing. The house I sold there four years ago has soared $167,000 (more than doubled) since then.
__________________
"Next time you come to Edmonton in June, July, or August, check out the colour of the grass in Calgary before you leave. It's brown and yellow....i.e lack of precipitation," - Sundeep, Feb. 6, 2005
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01-04-2008, 08:30 PM
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#22
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Franchise Player
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I wish I could remember what mine was before today. Oh well, I know it went up, just not sure by how much.
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01-05-2008, 02:00 AM
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#23
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Scoring Winger
Join Date: Mar 2003
Location: SW
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Wow, I'd say they overvalued my property by about $100,000 ... if anyone wants to pay me that much it's yours!
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01-05-2008, 09:57 AM
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#24
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Franchise Player
Join Date: Jun 2004
Location: Calgary
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Quote:
Originally Posted by Yellefan
Wow, I'd say they overvalued my property by about $100,000 ... if anyone wants to pay me that much it's yours!
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wow you beat me only about 50-75k here.
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01-05-2008, 11:54 AM
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#25
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Voted for Kodos
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I think my house assessment went up about 33% (from about 256 to about 338), and that being said, it's worth at least 60k more than the assessment. I bought it in May for more than the assessment is now, have put in around 40 grand in renovations, and average house prices are still higher than when we purchased.
It would take almost 100k over assesment for someone to offer me before I'd say "it's yours!"
The house we were renting in before is assessed only 18k less then the house we own now (320 k), but it has been on the market to sell since last April for about 290k. It's never going to sell at that price.
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01-05-2008, 01:11 PM
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#26
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Franchise Player
Join Date: Apr 2003
Location: Not sure
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Ok, this is getting unreal. They are saying my 1600sq/ft 4 bedroom 4 lvl condo is now worth $336,500. I would LOVE to sell it for that price but don't see it happening.
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01-05-2008, 05:52 PM
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#27
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Chick Magnet
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So my place was valued at $299,000 last year. This is it's now valued at $368,500.
What does that mean other than nothing at all?
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01-05-2008, 06:10 PM
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#28
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Franchise Player
Join Date: Jun 2004
Location: Calgary
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Quote:
Originally Posted by Wookie
So my place was valued at $299,000 last year. This is it's now valued at $368,500.
What does that mean other than nothing at all?
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means your taxes would go up ~20% assuming other house values remained the same. If everyones went up the same amount then your taxes won't change.
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01-05-2008, 07:31 PM
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#29
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Late Bloomer
Join Date: Oct 2002
Location: Campo De Golf
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I'm not to sure what to make of all this.
Last year: $480,000
This year: $584,500
As someone else mentioned if someone is looking to pay me that much let's talk!!
The house next door recently sold in one day, it was listed for $1,000 less than what the assesment value is now.
I expect next year to have my property valued substationally lower.
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01-06-2008, 12:21 AM
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#30
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First Line Centre
Join Date: Apr 2004
Location: Boxed-in
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Don't forget that this assessment theoretically reflects the market value on July 1 of last year...not today. There's no way I could sell for my assessed value today, but probably could have back in July.
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01-06-2008, 12:50 AM
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#31
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Franchise Player
Join Date: Jun 2004
Location: Calgary
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Quote:
Originally Posted by Cube Inmate
Don't forget that this assessment theoretically reflects the market value on July 1 of last year...not today. There's no way I could sell for my assessed value today, but probably could have back in July.
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I couldn't have then and i sure as heck can't now. It's just by more then it was in July.
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01-06-2008, 01:47 AM
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#32
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Lifetime Suspension
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i wouldnt take what my house is listed at. i dont know if that means i overvalue my property or if they are out to lunch.
it is listed for 398 and i know what i can get for 398 and i wouldnt make the trade, so it must mean my house is worth more because you couldnt buy it from me for that much.
right?
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