Your 2025 Calgary Property Assessment is Here – But Is It the Real Value of Your Home?

by Shane Meahan

You’ve taken your usual trip to the mailbox and found your 2025 City of Calgary property tax assessment. It’s a hot topic for chatter at school pickups, your kids hockey practice or the office, but let’s be real – does it reflect the true value of your home? Spoiler: It doesn’t. Here’s why.

The city’s assessment is based on data they’ve collected about your home and market trends as of July 1, 2024. This includes basics like square footage, lot size, and the number of permits pulled – but it doesn’t factor in:
👉 The condition of your home
👉 Renovations without permits
👉 Curb appeal
👉 Market supply and demand dynamics

And perhaps the biggest oversight? The emotion of the market. Buying real estate is an emotional journey, and your home’s true value is what a buyer is willing to pay in today’s market – not what a formula predicts.

The City claims average property values went up 15%, but market trends may paint a very different picture.

📞 Want to know your home’s real value in the current market?
Let’s chat! Call me at 587-602-0204 or click here for a free, personalized home evaluation 👉 theshanemeahanrealtyteam.com/homeeval.

Get the facts. Get the value. 💼

agent
Shane Meahan

Agent/Owner | License ID: 399990

+1(587) 602-0204 | shane.meahan@yycproperties.com

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