Edmonton property assessment notices to be mailed out Jan. 14 giving a clearer picture of property tax amounts for 2022

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Edmontonians will soon once again find out how much their property is worth to get a better picture of the taxes they’ll need to pay in June.

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Property assessment notices will be sent out by the city Jan. 14, a couple weeks later than the typical timeline in order to ensure assessment information doesn’t get lost in the busy post-holiday period.

These notices will show owners how their property value has changed over the last year, reflective of market values based on July 1, 2021. City assessors conduct this process annually to ensure residents and businesses pay their fair share of property taxes in 2022.

“We encourage all property owners to review their assessment values and contact us if they have any questions or concerns,” said Cate Watt, the city’s branch manager for assessment and taxation, in a Wednesday morning news release.

Once notices are received, Edmontonians can file a formal complaint of their assessment value up until March 23. Property tax details will be sent out in May once the Government of Alberta establishes the provincial education tax amount and the final mill rate is set.

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Edmonton city council approved a 1.91 per cent tax increase for 2022 during the fall budget adjustment, but not all residents will see their tax bill change by this amount. Those with an assessed value change similar to the average will see a tax increase similar to the 1.91 per cent approved by council.

But for properties with an assessed value increase higher than the average, those residents will see a loftier tax increase. On the opposite end, for properties where the assessed value changes less than the average, the tax increase will be less than the approved rate.

In last year’s assessments, residential properties dipped in worth for the fifth straight year with a 2.7 per cent decrease. The typical, single-family detached home was valued at $380,500 with these residents paying about $2,669 in property taxes. Non-residential properties took the greatest hit with a decrease of 7.6 per cent.

More details on this year’s assessment data and property values will be presented by the city Jan. 14. Assessment information can be found on the city’s MyProperty website.



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