Edmonton Property Values Surge

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Edmonton property assessments

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property tax assessment

edmontonjournal

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Business

Business & Economics

'I just about fell over': Edmonton property assessments soar, puzzling owners

Summary

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70% Informative

The City of Edmonton mailed out property assessments early this month , warning Edmontonians the values were due to rise.

The median assessed property value for a detached single family home in Edmonton is $ 465,500 for 2025 , up more than $35,000 from last year ’s median value of $ 428,500 .

Realtor Wendy Theberge said the values aren’t necessarily accurate, nor are indicative of the market value of the home.

In a process that she said is designed to be onerous, Theberge said property owners should weigh the benefits of the appeal process for the tax money they might save. “If you’re really feeling like this is completely off base — and it’s more a matter of principle than dollars a lot of the time — then do it.” - Edmonton property assessments mailed out as home values rise - Edmonton 's luxury real estate looks bright for 2025 .

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Informative language

Neutral language

Article tone

informal

Language

English

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Offensive language

not offensive

Hate speech

not hateful