Property assessment

[lazypucker]

While single detach houses' value keep going up, condo units are going down year after year...

[NinePack]

[QUOTE=Fuzz;8129285]"Small town acreage BC."


Totally different circumstances. Who knows. This is information you should provide in your first post, because obviously most people are going to assume Calgary.


You get a D- for posting etiquette. Not even in your avatar block.[/QUOT

I apoligize, i accept the grade. Sorry for leaving that BIG part of information out.

[Fuzz]

It's OK, we'll be reviewing your grade before mid terms.

[malcolmk14]

Yeah, missed the BC part. Woops!

[topfiverecords]

Down 1.4%!

[GGG]

Originally Posted by topfiverecords

Down 1.4%!

Is there an easy way to find out what you were at last year? I don’t want to dig out the paperwork in my basement somewhere.

Congrats on the tax cut.

[topfiverecords]

Originally Posted by GGG

Is there an easy way to find out what you were at last year? I don’t want to dig out the paperwork in my basement somewhere.

Congrats on the tax cut.

When I log into the city assessment search https://assessmentsearch.calgary.ca/, click my Roll # and choose property details it lists current and previous year values.

[Street Pharmacist]

Originally Posted by malcolmk14

Yeah, missed the BC part. Woops!

It's insane all the properties around me went up 30%. We sold our place in Kamloops in October, 2020 in 4 hours for asking price. Bought a house in Salmon arm for the same amount. It's now worth 200,000 more.

[T-Dog]

I remember a few years ago when we bought and the first year's assessment came shortly after, at about 20% higher than what we paid. I called to question the valuation and was told that what I paid wasn't necessarily a reflection of market value - I remember thinking that made zero sense, a recent arm's length purchase is the exact DEFINITION of market value!

[bc-chris]

Originally Posted by Street Pharmacist

It's insane all the properties around me went up 30%. We sold our place in Kamloops in October, 2020 in 4 hours for asking price. Bought a house in Salmon arm for the same amount. It's now worth 200,000 more.

our place went up about 30% - it's just ridiculous! i'm not a huge 'conspiracy theory' guy, but i'm sure city hall is salivating seeing property values going up so much every year. i honestly don't know how my kids will be able to live in the okanagan when they are adults... becuz i want my house house back! (they won't be living their parents basement!) ha! ha!

[FlamesKickAss]

Ours went up 11% in chaparral

[Street Pharmacist]

Originally Posted by bc-chris

our place went up about 30% - it's just ridiculous! i'm not a huge 'conspiracy theory' guy, but i'm sure city hall is salivating seeing property values going up so much every year. i honestly don't know how my kids will be able to live in the okanagan when they are adults... becuz i want my house house back! (they won't be living their parents basement!) ha! ha!

The house we bought in Kamloops in 2016 was a new build, 2600 sq ft total basement entry with a nice view near the river in Westsyde (a distant suburb so lower priced). That house is now double the price we paid in 2016. It's stupid

[RichieRich]

weird... ours is roughly the same as last year, yet our 'hood has seen a lot of sales and definitely higher prices. Expected about $50k higher evaluated value. Good for not increasing our monthly costs, but makes me scratch my head for doing my annual networth calc.

[Calgary14]

Originally Posted by bc-chris

our place went up about 30% - it's just ridiculous! i'm not a huge 'conspiracy theory' guy, but i'm sure city hall is salivating seeing property values going up so much every year. i honestly don't know how my kids will be able to live in the okanagan when they are adults... becuz i want my house house back! (they won't be living their parents basement!) ha! ha!

I have a relative living in Vancouver who recently considered selling their place, moving to the Okanagan and buying a place there to get ahead. A quick look on MLS quickly squashed that idea when they realized a comparable home there was only $100-200K cheaper than Van

[#22]

Originally Posted by topfiverecords

When I log into the city assessment search https://assessmentsearch.calgary.ca/, click my Roll # and choose property details it lists current and previous year values.

Anybody know how to go about getting older assessments? Would like to have the previous three years

[#22]

Originally Posted by #22

Anybody know how to go about getting older assessments? Would like to have the previous three years

Just answered my own question. Sign up for enotices (digital version of assessment vs paper) and you can see / download up to 5 previous years, provided there has been no change in ownership

Note - City of Calgary

[Nufy]

Mine went up approx 10%.

Back to pre-pandemic levels (2019)

When is the mill rate issued ?

[para transit fellow]

hmm... my place dropped 4%

edit: oops bad math.. make that 2%

[RoadGame]

This might be a helpful tool for people. Here's a house in my neighbourhood (not my house) that is broadly illustrative of what I'm seeing: very slight increase in market value over the past decade (depressing relative to the rest of Canada) and a slight drifting down in city hall assessments over the same period.

The assessment data for my own house is accurate, so I'm inclined to believe the history dataset here, which might be easier for people looking at their own home than digging through the filing cabinet.

https://www.honestdoor.com/property/...-nw-calgary-ab

I'd like a taste of this "speculative bubble" I keep hearing about. If getting to retirement is a marathon, my single largest asset has flipped open a lawnchair on the start line and tucked into a box of doughnuts.

[Ahuch]

Originally Posted by lazypucker

While single detach houses' value keep going up, condo units are going down year after year...

Hey now, the condo fees on my rental keep going up