To ensure that all Edmonton property owners pay their fair share of property taxes, the City of Edmonton follows the legislation established by the provincial government and uses a property assessment process.
Your current assessment notice indicates your property’s market value—the amount it would have sold for in the open market—on July 1 of the previous year. This market value is then used to calculate the amount of property taxes you pay in proportion to the value of the real estate you own.
The City mails out property assessment notices in early January to all property owners within the City of Edmonton. This process gives you the opportunity to
- review your property’s assessed value,
- obtain more information if you have questions or concerns about the updated market value assessment of your property and
- plan ahead for your property tax payment.