Edmonton homeowners to see small increase in assessments

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.

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