Your annual property assessment reflects the estimated market value of your property based on open market assessments, the characteristics and physical condition of the property and valuation standards & regulations.
Market value assessments are made each year by property assessors using mass appraisal techniques (analysis of sales and market conditions and trends). Property assessments are also influenced by improvements or modifications you make to your property.
Real estate market conditions may differ from the assessment value shown on your Property Assessment Notice.
If you require more information or have any questions about your assessment, in the first instance please contact the Town Administration Office at 403-224-3395. We will work with you to answer your query.
If however there is a reasonable doubt that your assessment might be wrong, the Town can approach its appointed Municipal Assessor (Wild Rose Assessment Services) in order to arrange for a property assessment to be made.
If the Assessor agrees that your assessment is not accurate, a revised notice will be issued (please note that a revised assessment decision could be made either way – up or down).
If you are not satisfied with the outcome of the Assessor's review and revaluation you then have the option of appealing the assessment to the Central Alberta Regional Assessment Review Board.
The Central Alberta Regional Assessment Review Board consists of trained appointed officials who are responsible for hearing and reviewing any formal complaints made regarding property tax assessments (this is carried out in accordance with the requirements of Part 11 of the Municipal Government Act).
Appeals must be submitted on or before 22 August 2021.
If an appeal is successful an adjustment will be applied to the property tax roll.