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The City of Calgary: Property Assessment

Property Assessment

Assessment

Understand your Assessment Notice and the assessment process.

Review your assessment.

Assessment Search (Property Search, Community Search and Sales Search)

What is Property Assessment?

The City of Calgary Assessment business unit estimates the market value of your property for the purpose of distributing fair and equitable taxation.

We are governed by the Municipal Government Act of the Province of Alberta. The estimated value we place on your property comes from the measurement, analysis and interpretation of the real estate market.

Property assessment is the estimated value of a property used for Municipal and Provincial taxation purposes. The formula used to determine your property tax is:

Property assessed value x Tax Rate = Your property tax levy.

July 01, 2008 Valuation Date

Your Property Assessment Notice reflects the estimated market value of your property based on the valuation date of July 01, 2008, as set by the Municipal Government Act. Real estate market conditions may change from the time of the valuation date to when you receive your 2009 assessment. Market changes that have occurred since July 01, 2008 will be reflected on your 2010 annual market value assessment, which will be mailed in January 2010. Your 2010 assessment will be based on a July 01, 2009 valuation date.

Property Assessment
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Last Updated: September 22, 2009
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