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Assessment roll highlights

The City of Calgary mails property and business 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.

A business assessment is a value placed on premises occupied for the purpose of, or in connection with, conducting a business. It reflects the typical net annual rental value that has been established for the premises as of July 1 of the previous year.

2018 Highlights

Property assessment highlights

  • Total number of accounts on the 2018 property assessment roll is 522,000.
  • Total value of the 2018 property assessment roll is $311 billion.
  • The typical market value residential property assessment change is an increase of two per cent between 2017 and 2018.
  • This year, approximately 94 per cent of residential properties’ taxes will stay within plus or minus 10 per cent of last year’s taxes.*
  • 56 per cent of residential properties will see a tax decrease.*
  • 44 per cent of residential properties will see a tax increase.*
  • The 2018 median single residential assessment (excluding condominiums) is $480,000 compared to $460,000 on the 2017 roll.
  • The 2018 median residential condominium assessment is $260,000 compared to $270,000 on the 2017 roll.
  • The typical market value non-residential property assessment change is a decrease of five per cent between 2017 and 2018.
  • This year, approximately 61 per cent of non-residential properties’ taxes will stay within plus or minus 10 per cent of last year’s taxes.*
  • 19 per cent of non-residential properties will see a tax decrease.*
  • 81 per cent of non-residential properties will see a tax increase.*

Changes to the real estate market after July 1, 2017 will be reflected in values prepared for the 2019 property assessment roll.

* Does not include any 2018 tax rate changes by Council or provincial requisition.

Business assessment highlights

  • Total number of accounts on the 2018 business assessment roll is 26,848.
  • Total value of the 2018 business assessment roll is $3.03 billion.
  • As a result of the 2018 assessment, the typical net annual rental value business assessment change is a decrease of four per cent between 2017 and 2018.
  • This year, approximately 68 per cent of businesses’ taxes will be within plus or minus 10 per cent of last year’s taxes.*
  • 27 per cent of businesses will see a tax decrease.*
  • 73 per cent of businesses will see a revenue neutral tax increase.*

Changes to the typical net annual rental market after July 1, 2017 will be reflected in values prepared for the 2019 business assessment roll.

* Does not include any 2018 tax rate changes by Council or provincial requisition.​​

Revenue Neutral highlights

2018 typical assessment changes for property and business:

  • The typical residential property assessment change is an increase of two per cent between 2017 and 2018.
  • The typical non-residential property assessment change is a decrease of five per cent between 2017 and 2018.
  • The typical business assessment change is a decrease of four per cent between 2017 and 2018.

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.

Related resources

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