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Not sure where else to post this


City of Edmonton looking to crack down on derelict commercial properties​

Concern raised after Alberta Avenue fire damaged vacant property near music venue​


Not sure why they flag the Problem Properties Initiative here, it's much more appropriate to call on the City to expedite the expansion of the derelict property tax subclass to non-residential properties. It's already coming one way or another, but the sooner it's in place, the sooner we will see Chinatown get a second wind.
 
Anyone else get their residential tax assessments yet? I'm staring down a 30% YoY increase. Brutal.
Are you talking about your homes assessed value, or are you talking about the mid year adjustment to your monthly payments?

If you are talking about the mid year adjustment, they initially assessed high, so I have seen a near 10% decrease.
 
Anyone else get their residential tax assessments yet? I'm staring down a 30% YoY increase. Brutal.
NM just got mine, you are talking about the market value your home is assessed at. So your home value increased 30%. If you think this is incorrect there are ways to have the city adjust this. Make sure your home details are correct with the city. IE when we bought they assessed out basement as fully finished, it was only 40% finished. Make sure you have comparables as proof. again as I am a duplex I could point to my neighbour (duplex) and say well they have a double garage, fully finished basement with a slightly bigger lot and they are being assessed x which is equal to or more than y(me) There is an issue here. They greatly adjusted my property value. The city was very fair in their ultimate reassessment.
 
NM just got mine, you are talking about the market value your home is assessed at. So your home value increased 30%. If you think this is incorrect there are ways to have the city adjust this. Make sure your home details are correct with the city. IE when we bought they assessed out basement as fully finished, it was only 40% finished. Make sure you have comparables as proof. again as I am a duplex I could point to my neighbour (duplex) and say well they have a double garage, fully finished basement with a slightly bigger lot and they are being assessed x which is equal to or more than y(me) There is an issue here. They greatly adjusted my property value. The city was very fair in their ultimate reassessment.
I mean I certainly could try to fight LPRT on it, but the market value reflects a comparable change. It's not that they're incorrect, it's just that the level of assessment volatility is a bummer.
 
I mean I certainly could try to fight LPRT on it, but the market value reflects a comparable change. It's not that they're incorrect, it's just that the level of assessment volatility is a bummer.
I'm going through this as well. I have a 30% increase in assessed value after a 10% decline last year. The volatility is major.
 
Anyone else get their residential tax assessments yet? I'm staring down a 30% YoY increase. Brutal.
Yup, mine actually decreased 2% after jumping 31% last year, after we bought the place.

Benefits of living in a 'shady' neighbourhood I guess (it's not actually shady, just the perception that keeps values lower, to the benefit of residents that are not looking to sell in the near future).
 
Looked this up on copilot, no wonder our taxes are nuts.

Roadway per Person (km/person)

Edmonton

Using 10,000 lane‑km ÷ 1,631,614 people:
≈ 0.00613 km of roadway per person
(= 6.13 metres per person)

Toronto

Using 5,397 km ÷ 6,431,000 people:
≈ 0.000839 km of roadway per person
(= 0.839 metres per person)


The mature neighbourhoods are paying for these new fire stations and rec centres, infrastructure in these soulless sprawling developments.
 
Looked this up on copilot, no wonder our taxes are nuts.

Roadway per Person (km/person)

Edmonton

Using 10,000 lane‑km ÷ 1,631,614 people:
≈ 0.00613 km of roadway per person
(= 6.13 metres per person)

Toronto

Using 5,397 km ÷ 6,431,000 people:
≈ 0.000839 km of roadway per person
(= 0.839 metres per person)


The mature neighbourhoods are paying for these new fire stations and rec centres, infrastructure in these soulless sprawling developments.
A few notes:

It’s more like 12,000, and then it’s also more like 1.2mil residents. St. Albert pays for their own roads, etc.

Toronto population should also be the city, 6mil includes huge suburbs like Durham I believe.

But yes, we often have 3-5x the amount of road, pipeline, sqkm of land of other big cities. Part of that is a lack of geographic constraints forcing in building, a lack of traffic forcing TOD, and just development history. It’s why our infill target being 50% of new units is so key though.

It’s also why substantial completion is needed, and nothing south of 41ave for years still.
 
A few notes:

It’s more like 12,000, and then it’s also more like 1.2mil residents. St. Albert pays for their own roads, etc.

Toronto population should also be the city, 6mil includes huge suburbs like Durham I believe.

But yes, we often have 3-5x the amount of road, pipeline, sqkm of land of other big cities. Part of that is a lack of geographic constraints forcing in building, a lack of traffic forcing TOD, and just development history. It’s why our infill target being 50% of new units is so key though.

It’s also why substantial completion is needed, and nothing south of 41ave for years still.
Prepare yourself because that land south of 41 Ave is for sale. They're starting to sell off pieces of it.
 
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