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Assessment roll highlights

The City of Calgary mails property assessment notices in early January each year.

A property assessment is a value placed on a property for taxation purposes. It reflects the market value of a property based on the market valuation date of July 1 of the previous year.

2019 Highlights

Property assessment highlights

  • Total number of accounts on the 2019 property assessment roll is 532,000.
  • Total value of the 2019 property assessment roll is $306 billion.
  • As a result of the 2019 assessment, the typical residential property assessment change is minus one per cent between the 2018 and the 2019 rolls.
  • Approximately 96 per cent of residential properties’ revenue neutral taxes will stay within +/-10 per cent of last year’s taxes.
  • 2019 median single residential assessment (excluding condominiums) is $475,000 compared to $480,000 on the 2018 roll.
  • 2019 median residential condominium assessment is $255,000 compared to $260,000 on the 2018 roll.
  • As a result of the 2019 assessment, the typical non-residential property assessment change is a minus 12 per cent decrease between 2018 and 2019.

Changes to the real estate market after July 1, 2018 will be reflected in values prepared for the 2020 property assessment roll.

After The City receives the provincial property tax requisition and Council passes the property tax bylaw, the property tax bills, reflecting actual taxes owing, will be mailed each May.

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