Calgary Residential Property Value Rises
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residential increasecalgaryherald
•Calgary homes see 14 per cent increase in assessed property values
78% Informative
Calgary homeowners will likely see another double-digit increase in their assessed property value this year .
City assessor Eddie Lee delivered the 2025 preliminary assessment roll on Friday .
Like last year , condos are driving the residential increase; condominium values went up by 22 per cent , compared to 18 per cent last year .
Non-residential properties experienced a much more stable increase of three per cent .
The city’s 2025 budget included a 3.6 per cent overall tax increase — 5.5 per cent more for residential properties.
Lee said how much each property is taxed is based on both the property class and its assessed value.
Chinook mall, airport remain Calgary 's most valuable commercial properties.
The city revealed its annual list of Calgary 's 10 highest valued commercial properties on Friday .
VR Score
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72
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