Edmonton Real Estate Area Index

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Office Location 11155-65 Street,
Edmonton, AB T5W 4K2
Business: (780) 328-0944
Fax: (780) 471-8058

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January 2012

There are 3 blog entries for January 2012.

Edmonton Neighbourhoods Show Wide Range of Home Value Increases

Tuesday, January 31st, 2012 at 1:26pm. 256 Views, 0 Comments.

Property assessments just mailed out in Edmonton show that people that invested in homes some five years ago didn’t do so badly in the profit department. If you bought your home in Whitemud Creek, you saw roughly a 21 percent increase in value. If you happened to set down roots in Rossdale or Beverly Heights, that profit margin increased to 55 percent. That’s even more than the 28 percent profit you would have seen investing in some of Alberta’s finest crude.

Some 326,500 people got the annual notice from the city, with the amounts based on values as of July 1st 2010. The average difference in price between this assessment and that from last year for single family homes was down 1.7 percent. But that also varied by the district. As an example, Secord…

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Property Tax Assessment Notices Sent in Edmonton

Tuesday, January 24th, 2012 at 1:38pm. 212 Views, 5 Comments.

Edmonton just mailed out its property assessments. If you don’t agree with what arrives in that envelope, you do have a chance to appeal by the March 12th deadline. After that, the assessment stands, which of course affects your property tax rate.

Some 326,600 people will receive the notices, and on average they show a decrease of 1.7 percent in the single family home category. Condo, townhouse and manufactured home owners will see an average decline of 1.9 percent, while apartment owners will see their values increase by a half a percent. Commercial properties saw the largest decline, an average of 2.4 percent.

The city’s manager to Assessment and Taxation, Rod Risling, advises homeowners to compare their valuations with those of their neighbors…

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Energy Assessment = Government $$$$.....

Monday, January 16th, 2012 at 2:01pm. 186 Views, 0 Comments.

 

A few weeks ago we helped a very nice couple purchase a home in the Newton area. During the home inspection the inspector recommended that the couple get a Home Energy Assessment before they purchase any new appliances or preform any renovations to the home.

I figure that since today the weather sucks and old man winter is upon us, why not explain what a Home Energy Assessment is. Plus it will put some extra money in your pockets.

Energy assessments are usually executed in two stages. Before the home improvements and after implementing the improvements but before sending in the paperwork for your rebates.

The preliminary assessment is also known as the “D” assessment, while the “E” assessment is the post-retrofit evaluation. Most…

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