New City Assessments Coming

Homeowners in Edmonton will be receiving property assessments in the coming days and the City’s Assessment and Taxation Branch says that most will see a small increase in values. A typical single-family, detached home increased by 1.7 per cent and is now valued at $408,000; a typical condominium, townhouse and duplex increased by 4.8 per cent; a typical apartment building increased by 9 per cent; commercial and industrial properties increased by 0.7 per cent. Property tax bills will be delivered in May.