Your property values are wild right now
Alright, Calgary, let's talk about where our money's going, 'cause the latest property assessment highlights are a bit of an eye-opener. According to the city's Property Assessment data, those big green spaces we all love are holding some serious value, for real though. Canada Olympic Park, for instance, has two properties with an average assessed value of $84,140,000. That's a whole lotta zeroes for a place where most of us are just trying not to wipe out on skis.
Nose Hill Park isn't far behind either, with seven properties averaging out at $40,863,286. It really makes you think about the land itself, and not just the buildings on it. And then you've got Symons Valley Ranch, a single property, clocking in at $20,650,000. It paints a picture of how much green space means to this city, not just for recreation, but in pure financial terms. It’s pretty clear our parks aren't just for walks and dog runs; they're major assets. We'll be watching how these assessments influence future park development and maintenance budgets. This is Calgary — we've seen the boom, we've seen the bust, and we showed up anyway.
Cassidy Redcloud, MiTL Sports Desk.
The crew on the Morning Wire dives into this every day, you can tune in at mornings.live.