Your taxes might be going up again, Calgary.
You might want to take a look at your property assessments, folks, especially if you're in certain parts of town. For real though, the latest property assessment highlights are showing some pretty wild numbers, and it's not all the downtown core.
### Where the Money's Flowing
We're seeing some seriously high average assessed values in places you might not expect to top the charts. According to the recent property assessment data, Queens Park Village is sitting at an average of $16,098,000 across five properties. That's a huge jump. Then there's Red Carpet/Mountview Mobile Park at $14,474,000 for five properties. These aren't the big high-rises we usually talk about. Residual Ward 9 – Sub Area 9Q is also up there, with six properties averaging $12,503,088.
* **Queens Park Village:** $16,098,000 (avg. 5 properties) * **Red Carpet/Mountview Mobile Park:** $14,474,000 (avg. 5 properties) * **Residual Ward 9 – Sub Area 9Q:** $12,503,088 (avg. 6 properties)
Now, these are average assessed values, not what someone's paying for a single detached home. We're likely looking at some serious industrial or commercial land values pushing these numbers. But here's the kicker: property taxes are tied to these assessments. When these values go up, your share of the city's tax pie can get bigger, even if the overall tax rate stays the same.
What this means for you, Calgary, is keep an eye on your own assessment notice when it lands. This is Calgary — we've seen the boom, we've seen the bust, and we showed up anyway.
Cassidy Redcloud, MiTL Sports Desk.
You gotta hear how Mike and the gang are breaking this down every morning — catch 'em live at mornings.live.