Rocky View County (RVC) is currently conducting annual property assessments as it is required by the Provincial legislation.
Property assessment is the process of placing a dollar value on property for taxation purposes.
The County conducts annual property assessments, with property assessors visiting around 20 per cent of County homes each year.
“The County’s professional assessors visit properties throughout the summer and fall to collect information needed to ensure fair property tax assessments for all landowners by updating assessed property values,” stated RVC in a written statement.
As of July 1, 2021, residential properties are assessed at market value. Market value is determined by analyzing the sales of all property types throughout the County.
A process mandated by Alberta Municipal Affairs is used to appraise farmland, industrial machinery and equipment, and linear property, rather than utilizing market value.
The RVC in a written statement says assessments may include measuring buildings, photographing exteriors, and gathering details regarding interior components and use of the property.
If there's been a recent building permit granted or a physical change, if a property has recently been purchased or sold, or if the property is in the County's yearly re-inspection area, assessments may be conducted.
Between 8:00 a.m. and 4:30 p.m., Monday to Friday, County Assessors will carry out their visits bringing photo identification with them and will travel in marked County vehicles.
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