Calgary property assessments mailed out as single residential home values rose in 2021
The City of Calgary mailed out close to 560,000 property assessment notices Wednesday.
The total value of those notes was $313.5 billion, an increase over last year by more than $16 billion.
The median single residential assessment was $415,000, a $40,000 jump from the year before.
For condo owners, the median price remained the same as last year, at $235,000.
Single residential property owners can expect their property taxes to rise, while condo owners may see a slight decrease.
Meanwhile, offices dropped 10 per cent in overall value, a dip the city said was caused by pandemic restrictions that cause people to work from home. That has played a role in increasing vacancies in the office sector and lowering property values.
CTVNews.ca Top Stories
Mark Carney reaches out to dozens of Liberal MPs ahead of potential leadership campaign
Mark Carney, the former Bank of Canada and Bank of England governor, is actively considering running in a potential Liberal party leadership race should Justin Trudeau resign, sources tell CTV News.
'I gave them a call, they didn't pick up': Canadian furniture store appears to have gone out of business
Canadian furniture company Wazo Furniture, which has locations in Toronto and Montreal, appears to have gone out of business. CTV News Toronto has been hearing from customers who were shocked to find out after paying in advance for orders over the past few months.
Woman critically injured in explosive Ottawa crash caught on camera
Dashcam footage sent to CTV News shows a vehicle travelling at a high rate of speed in the wrong direction before striking and damaging a hydro pole.
Much of Canada is under a weather alert this weekend: here's what to know
From snow, to high winds, to extreme cold, much of Canada is under a severe weather alert this weekend. Here's what to expect in your region.
Man injured in Longueuil home invasion in the presence of a child
A Longueuil resident was injured during a home invasion early Saturday morning in the presence of a child.
Jeff Baena, writer, director and husband of Aubrey Plaza, dead at 47
Jeff Baena, a writer and director whose credits include 'Life After Beth' and 'The Little Hours,' has died, according to the Los Angeles County Medical Examiner.
Hundreds of animals killed in Dallas shopping centre fire
A fire that broke out at a shopping center in Dallas on Friday morning killed more than 500 animals, most of which were small birds, authorities said.
MP Peter Fragiskatos calls on Trudeau to resign
Prime Minister Justin Trudeau has lost the confidence of another prominent Liberal MP.
Fugitive U.S. rioter seeks asylum in Whistler amid warnings of more to come
An American citizen convicted of participating in the Jan. 6, 2021, riot on Capitol Hill and dodging jail time in Whistler may just be the start of an asylum-seeking rush, according to a prominent legal expert.