During his fifteen years as a Calgary real estate agent, Len has established himself as a market leader selling hundreds of homes each year.  Len's extensive experience has helped him consistently rank in the top One Percent of Canadian RE/MAX realtors. His team are currently #1 in Calgary, with 96 million dollars in real estate sold in 2006.

Len and his team work hard to ensure that their clients benefit from the latest innovations in real estate technology. So if you have a Calgary home for sale, they will create a marketing strategy that will sell your home for the amount you deserve, in a professional and timely manner.

Contact Len:
www.calgaryhomesearch.com
(403)287-4888

About Realtor Spotlight

 

Property assessments are the estimated value of a property used for taxation purposes. It is used in a formula to determine your property tax:
Property assessed value x Tax Rate = tax.

The annual assessment on your property is based on its estimated market value as of July 1 of the previous year and reflects the physical condition of your property on December 31 of that year.

The updated Calgary Property Assessments for Calgary were sent out in the mail January 4th, but can also be viewed online by clicking here.

These assessments are an indicator of the current market, but do not give an exact picture. Keep in mind that property values vary from one house to another based on physical condition, as indicated in the above formula.

According to the latest assessments the most expensive Calgary neighbourhoods are:
1. Eagle Ridge ($1.87 million)
2. Bel Aire ($1.74 million)
3. Rideau Park ($1.69 million)
4. Upper Mount Royal ($1.65 million)
5. Roxboro ($1.64 million)

Full community comparison profiles can be found here.

In 2008 The City of Calgary mailed 413,000 property assessment notices which is an increase of 14,000 properties from last year.

The total value of the assessment base is now 242 billion dollars, up from 187 billion last year.

2008 Property Market Value shows a typical increase of 25% for single residential homes and residential condominiums.

The median assessment for a single residential property is $447,500 and the median assessment for residential condominiums is $291,500. (More detailed information in our stats section).

In the Revenue Neutral environment, 87.8% of single residential properities and 64.9% of residential condominiums will see a tax change within plus or minus 10% of last year.

As a general trend, entry level housing in Calgary has experienced the largest rate of increase since last year's assessment.