Value of Calgary Residential Homes sees 12% Rise in City Assessment, with Suburbs Driving Surge
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.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.