Value of Calgary Residential Homes sees 12% Rise in City Assessment, with Suburbs Driving Surge
Posted on
January 10, 2023
by
Jason Streich
A 12% surge in the value of residential properties in Calgary reflects a strong, growing housing market, the city assessor said yesterday. The city’s typical single residential property is now worth $555,000, 14% more than last year. As assessments rise, so too will property tax bills for some residential homeowners. The graphic below shows how assessments will impact taxes on residential property in 2023.
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