How to appeal my Edmonton property taxes? Your step-by-step guide

How to appeal your Edmonton property taxes…

Note of these important dates and deadlines regarding your Edmonton property taxes…

  1. July 1st to December 31st of 2017, is the date range that your property’s market value that is being estimated. Any changes to your property in this time, can be taken into consideration to affect the value.
  2. January of 2018 is when the estimated property tax assessments are mailed out to you for your home. You hopefully have already received this. If not, contact the City of Edmonton immediately and ask for the Assessment department at 780-496-9600.
  3. March 12th, 2018 is your deadline to appeal your property tax assessment.
  4. May 2018 is when the final property tax assessments are mailed out.
  5. June 30th, is the deadline in which you need to pay your property taxes in full, or choose a monthly payment plan.

Now that you have confirmed that the deadline hasn’t past. You can take steps to request your property taxes to be adjusted.

Step 1: Determine your future plans for my Edmonton home?

Visit our link at http://www.jasonpaul.ca/appeal-edmonton-property-taxes/ to help you determine what the best strategy is for you, and if you should appeal your Edmonton property taxes. Once you decide that you wish to proceed, please proceed to step 2.

Step 2: Identify why do you feel that your Edmonton property taxes are high

The following are property characteristics used by City of Edmonton assessors in evaluating and estimated value of your home:

  • Size of lot
  • Property Class: Single Family or Condo
  • Building Type: Detached home, Attached home, Duplex, Half Duplex, 4-plex, Townhouse, Apartment High Rise, Apartment Low Rise, Mobile Home, Vacant Lot, or a Derelict Property (boarded up or ready to be torn down).
  • Size of your home, usually in square feet
  • Year that the property was built
  • Basement development
  • Parking: Stalls, Parking Pad, or Garage; including size, attached or detached
  • Building condition
  • Type and condition of roof
  • Upgrades including but not limited to air conditions and fireplaces
  • Community that the Property is in
  • Geographic factors such as where the property is located and near to, including but not limited to parks, river valley, green space, roads, commercial developments, etc.
  • Amenity access such as pools, gyms, and any other associated buildings or amenities

It is very important to take the above property characteristic into account when you are putting together your evidence for a complaint and/or appeal against your Edmonton property tax assessment. You will use these characteristics to compare your property to other comparable properties along with market data.

Step  3: Gather evidence from the following Edmonton property tax resources and tools to justify the property tax assessment value that you believe to be accurate

Property sale evidence from an Electronic Market Evaluation Report (EMER)

This is usually your best source of evidence, and provides the most amount of details including photos and all of the property characteristics (scroll up) that the City of Edmonton Assessors use in evaluating your estimated assessed property tax value. his is the easiest, least amount of work for you, and most accurate evidence that you can do in order to present the best case possible. The City of Edmonton Assessors have access to the same information, so this is your best chance to create a level playing field.
*Please message us from our Facebook page to request an EMER.

Alberta Land Title records

The Alberta Land Titles Spatial Information System gives pubic access to all Alberta land title information. In order to pull the land title, you need the LINC number or the legal description for the property. The land title can tell you who owns a property, when they bought it, what they possibly owe, along with other detailed information about the property.
If you don’t know the legal description to a property, you can use the City of Edmonton Maps tool at https://maps.edmonton.ca/.

City of Edmonton Assessment Maps Tool

This system provided by the City of Edmonton, allows public access to view the property tax details for the majority of all property in the City of Edmonton. Once you perform an “Address Lookup”, you will be provided with an abundance of information.

https://maps.edmonton.ca/

Under the “General” tab, you will find the following information:

  • Address & postal code
  • Legal description
  • Area of the land in square meters
  • Year the property was built
  • Neighbourhood / Community
  • Ward
  • Community League
  • Waster Collection
  • Current Zoning of the land
  • Current Bylaw applying to the land
  • Proposed: applications, zoning, bylaws, and overlays
  • Plan in Effect

Under the “Assessment” tab, you will find the following information:

  • Address
  • Account Number or Tax Roll Number
  • Assessed Value
  • Assessment Class
  • Neighbourhood
  • Garage
  • GPS coordinates

As an example, I have pulled my brokerage’s REMAX Elite office address: 304 Windermere Road, Edmonton, AB.

The disadvantage of using Edmonton Maps is that it is still missing some of the most important information such as: a detailed property description, photos of the property, square footage, basement information with details of its development, upgrade information, number of bedrooms, number of bathrooms, details regarding parking, type of construction materials, type of foundation, amenity details, building condition, type of flooring, and other important evidence that you will most likely need.

*All of the preceding information is included in an Electronic Market Evaluation (EMER), please contact us by messaging us through our Facebook page to request more information.

Photos

You may want to take photos of your property to substantiate your complaint or appeal. These photos may include the current condition of your property as well as contrasting photos of other properties that you are comparing to. These photos in conjunction with evidence from an City of Edmonton Assessment Maps, Land Titles, and most importantly an EMER which provides everything all together, will present a the best case possible.

Appraiser

An industry professional such as a Property Appraiser may be hired to complete a market appraisal. This can be an expensive approach and be in the range of $300 to $1,000+ depending on the type of appraisal and details provided. This may not be a a justifiable expense to offset the adjustment in any property tax savings in the short-term.

City of Edmonton Reference Materials

https://www.edmonton.ca/residential_neighbourhoods/property_tax_assessment/reference-materials.aspx
https://edmonton.ca/assessment

Service Alberta

http://www.municipalaffairs.alberta.ca/1538

City of Edmonton Property Tax Package

Please message us on our Facebook Page https://www.facebook.com/JasonPaulGroup/ for a free City of Edmonton Property Tax Information Package. Will post a quick download link shortly.

Step 4: Make your complaint or file your appeal to the City of Edmonton

Now that you have collected all of your evidence substantiating that your estimated Edmonton property tax assessment is inaccurate. It is time to present your evidence to your City Assessor.

You may email everything to: assessment@edmonton.ca or call 311 (780-442-5311)

For all communication, it is advisable to keep all auto-responses from the City of Edmonton’s email system, correspondence, and who you speak to. Send yourself an email every time noting the date, time, and who you spoke to at the City of Edmonton. This is good practise to have in case there are any delays with the City of Edmonton Tax Assessment Department.

As the deadline of March 12th, 2018 is quickly approaching, you may want to do all of the above to ensure a quick response from the City of Edmonton Tax Assessment department.

If, your Assessor agrees with you, be sure to ask for a response in writing via email, and they should be able to provide that to you within a short time.

If, your Assessor, does not agree with you, your next step is to file an appeal online and pay the $50.00 appeal fee.

*You may also hire our team at the Jason Paul Real Estate Group with a simple message or phone call and we can take care of the entire process for you. Please call us at 780-487-4847 or message us on our Facebook page.

 

Published and copyrighted by:

Jason Paul, Realtor, CRES, SRS, ABR
REMAX Elite, 304 Windermere Road, Edmonton, AB.
TOP 5% FOR MLS Sales | RE/MAX Hall of Fame 2012
Seller Representative Specialist (SRS), Accredited Buyer Representative (ABR), & Commercial Real Estate Specialist (CRES)
Office: 780-487-4847

REMAX Barometer Report for Edmonton April 2 2011

Fantastic 9.25% average return on real estate!
http://www.youtube.com/user/remaxwestcanada?feature=mhum#p/u/6/ghgrjTq0Wd4

Looking to be an Edmonton, Alberta Landlord? Educate Yourself on the Rules March 23, 2011

This link has all the information that you need.
http://www.servicealberta.gov.ab.ca/Landlords_Tenants.cfm

If you need an example of a rental or lease agreement, please send me an email through my site or call me directly at 780-487-4847.

Excellent Opportunity and Investment in Glenora Edmonton! March 21, 2011

The below are all 51 sold properties in Glenora on the MLS going back 12 months.
You can see that even the lowest price a house sold for was $360-380k, depending on location and size. Most have sold around the $400k plus range if they have a good location and lot size like my listing at 10319-139 Street.
*Note when you are looking through these sold listings. The asking price is in the upper right hand corner and the sold price is at the bottom by the sold date.
http://abmls.mlxchange.com/Pub/EmailView.asp?r=1332430250&s=ALB&t=ALB
In regards to active listings in Glenora. There are currently 17 listings ranging from $419k (my listing) all the way to $4.4 million.
The next highest is listed at $429k and is one house away from Stony Plain road.
You can view all 17 listings below.
http://abmls.mlxchange.com/Pub/EmailView.asp?r=942679997&s=ALB&t=ALB
This won’t last long!

Top 5% of Edmonton Realtors Feb 2, 2011

I am officially 1 of 152 Realtors in the top 5% for 2010! A total of 3040 Realtors belong to the board. I would like to send out a huge thank you to all my clients for their support! THANK YOU! It is an honor being an Edmonton Realtor and I look forward to serving you and Edmonton in the years to come.

Save Tons of Interest and Pay Off Your Mortgage Faster!

Ever wonder how you can pay off your home faster, save on tons of interest, and barely change your monthly payment amount?! For a quick excercise, Google “Canadian Mortgage Calculator”. Once you find one, enter in all your mortgage details. Upon completion, calculate it with a monthly payment. The output will tell you how long it will take to pay off your mortgage. Now, go back and leave everythign else the same and enter “bi-weekly or weekly Accelerated payments” as your payment type. How much did it knock off in total interest and years of your mortgage?
This is explained simply by the way lenders calculate their interest on your mortgage. By simply cutting your monthly payment into two and declaring it an accelerated payment you will gain the benefits of paying your mortgage down quicker, and keep more of your hard earned money in your jeans versus paying it to interest!
Save tons of interest & pay your mortgage off faster. Call your lender & make your mortgage payments “Bi-Weekly or Weekly Accelerated”

Should I Get Mortgage Insurance in Edmonton, Alberta? Jan 30 2011

When it comes to accepted or rejecting any insurance premium, be sure to do your due diligence as you would with anything. Some factors to consider in the process are the following…
1. Talk to a financial planner. (If you don’t have one, I can refer you to some. Always shop around, and see which one has the best product(s) for you)
2. Compare the various products. For example: Would you be better off to buy a universal life policy instead of mortgage insurance?
A universal life policy grows as an investment over time becoming higher in value. Majority of all mortgage insurance payout value declines over time as you pay down your mortgage. The premium for the mortgage insurance always stays the same, but the value declines over time as you pay down the mortgage. When you sell your property or pay off the mortgage, your mortgage insurance expires.
3. Do a cash-flow and ROI (return on investment) analysis. What is your plan with the property? How long are you going to stay in it. What investments do I need to make to ensure the future financial security of my family.
4. What are the options for beneficiaries for the insurance policy?
In the end, always make an informed decision. Talk to professionals in the industry including Financial Planners, and Mortgage Brokers.

Open House – Lewis Estates Bungalo. Must See! Sept 10, 2009

GOLF BALL FREE!!! AND STILL BACKING ONTO LEWIS ESTATES GOLF COURSE ON A HUGE PIE LOT!
This remarkable bungalow boosts everything you
can ask for, a definite must see.
Open House Saturday, September 12, 2009
11:00 am – 4:00 pm
for more information please contact 780.487.4847
or http://www.jasonpaul.ca

Declutter and Organize Your Home July 9, 2009

Preparing a home for sale requires more than an everyday cleaning. Most understand that their home must be kept neat and tidy in order to attract potential buyers, but it’s easy be overwhelmed or sidetracked when faced with the removal of clutter. Beyond the dusting and scrubbing, a de-cluttered home shows off its spaciousness and allows potential buyers to imagine themselves living there. People collect an amazing quantity of stuff. If you haven’t used it in over a year, you probably don’t need it immediately or consider donating it, recycling it or throwing it away. Organize or put away all books, Magazines, Movies & CD’s from bookcases, Pack up those knickknacks & unique collectables. Clear all shoes from entrance & exits. Clean off everything on kitchen & bathroom counters. Put essential items used daily in a small box that can be stored in a closet or cabinet when not in use. Treat this as a head-start on the packing you will eventually need to do anyway. Store any unnecessary furniture or accessories, open spaces appear larger. Place remaining furniture in each room to highlight obvious focal points that show off the home’s best selling features as well as the clear function of each room. Organize kitchen cabinets, refrigerator & bedroom closets, Think of the message it sends if items fall out, look disorganized or smell! Now imagine what a buyer thinks if they see everything in impeccable order. Consider the following: Neatly stack dishes & turn coffee cup handles facing the same way. Hang pressed clothes together, buttoned and facing the same direction. Line up shoes.

Contact me any time for suggestions on how to efficiently ready your home for sale at 780.487.4847. Be sure to check the blog for further suggestions in the weeks to come.

Want to Sell Your Home but Have a Fixed Mortgage? Beware! June 15, 2009

Want to sell your home, but have a fixed mortgage…? BEWARE!

Most lenders charge a penalty on closed mortgages if the debt is paid prior to the maturity of the term. The full cost of the penalty must be outlined in the mortgage document, so make sure you know what you’re getting into before you sign.

The most common penalty is the Greater of Three Months Interest Penalty OR the Interest Rate Differential. Likely, whichever amount is the larger of these two figures will be your penalty.

THREE MONTHS INTEREST PENALTY

If you are paying off your mortgage before the maturity date, most lending institutions charge three months interest penalty (or an interest differential penalty).
Your present mortgage balance is multiplied by your current interest rate and multiplied three.

INTEREST RATE DIFFERENTIAL / LOSS OF INTEREST

The IRD is a compensation charge that may apply if you pay off your mortgage prior to the maturity date, or pay the mortgage principal down beyond the amount of your prepayment privileges.

The IRD is based on:

The amount you are pre-paying
An interest rate that equals the difference between your original mortgage interest rate and the interest rate that the lender can charge today when re-lending the funds for the remaining term of the mortgage.
Most closed fixed-rate mortgages have a prepayment penalty that is the higher of 3-months interest or the IRD. Variable-rate mortgages do not have IRD penalties.

This will usually be the difference between the interest rate on your mortgage contract compared to the rate at which the lending institution can re-lend the money.
For example:
If your mortgage has a balance of $125,000 at 9.25%, you have 2 years left to go and the current 2 year mortgage rate is 6.25%. Then the lending institution will probably charge you –
$125,000 X 24 months X 3% (9.25 – 6.25) = $7,266.21

Methods of calculating penalties are as varied as the lenders’ available to you, and not all charges can be avoided, but you can take steps to protect yourself:
· Go to your lender & find out your obligations
· Look at options with a port mortgage or blended rates, especially if upgrading your current home
· Pre Pay your mortgage as much as possible.