Review your property assessment

Property assessment mapping tool FAQs

• 1. What is the Property Assessment Mapping Tool?

  Permanent link to What is the Property Assessment Mapping Tool?

  What is the Property Assessment Mapping Tool?

  The Property Assessment Mapping Tool enables review of properties within Strathcona County using the County's web mapping application system. The primary purpose of the mapping tool is to provide property owners insight into how their property assessment was determined, using comparable property sales from the previous two years of sales data.

• 2. What is a verified sale?

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  What is a verified sale?

  A property sale becomes verified once it has been reviewed by an Assessor and determined to sufficiently conform to Market Value standards. Sales that do not meet the Market Value standard are not shown in the Comparable Sales report.

• 3. What is the Market Value standard?

  Permanent link to What is the Market Value standard?

  What is the Market Value standard?

  Market Value is defined as the most probable price for which a property should sell after reasonable exposure in a competitive market. Amongst other factors, we consider the following in determining whether a sale reflects Market Value:

  • Were the seller and purchaser related?
  • Was the seller under pressure to sell the property quickly?
  • Were there special financing arrangements that may have affected the purchase price?
  • Was the property exposed to the open market?

• 4. What property characteristics are considered in finding comparable sales?

  Permanent link to What property characteristics are considered in finding comparable sales?

  What property characteristics are considered in finding comparable sales?

  Characteristics such as Year Built, Neighbourhood or Search Area, House Structure (i.e. Bungalow, 2 storey) and Living Area are the variables used in determining comparable properties in the Property Assessment Mapping Tool. It then displays the ten closest matching sales sorted by sale date.

• 5. What is a Search Area?

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  What is a Search Area?

  Search Area is the area set for the Property Assessment Mapping Tool to search for sales surrounding the subject property.

  For urban properties, only sales within the subdivision will be displayed on the Mapping Tool (i.e. a subject property in Nottingham will only display sales from Nottingham).

  For rural properties the Search Area is set by the user.

• 6. What is the Sale Date based on?

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  What is the Sale Date based on?

  The sale date displayed on the Assessment Mapping Tool is based on the sale transfer date registered on the land title.

• 7. Can I get my property assessment changed as a result of the Comparable Sales?

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  Can I get my property assessment changed as a result of the Comparable Sales?

  The Property Assessment Mapping Tool is intended to inform property owners about their property values; however, property assessments are based on a greater degree of detail than what is provided in the Comparable Sales report. If you feel your assessment is incorrect based upon your findings, please submit a County Connect request to have your property reviewed.

• 8. Why does a property that has sold within the last two years not show up on my Comparable Sales report?

  Permanent link to Why does a property that has sold within the last two years not show up on my Comparable Sales report?

  Why does a property that has sold within the last two years not show up on my Comparable Sales report?

  The sale may not have been uploaded yet.

  The sale does not conform sufficiently to Market Value standards.

  Ten more recent sales have met the search criteria.

  The sale may not be a comparable property to the subject property (i.e. size, location, structure type, year built).

• 9. What date is my property assessment based on?

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  What date is my property assessment based on?

  The assessment and taxation process is governed by provincial legislation; your 2020 property assessment is based on a July 1, 2019 market value estimate, as measured by the real estate marketplace (i.e. property sales).

• 10. How often are the sales updated

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  How often are the sales updated

  Property sales will be updated annually by February 28th each year.

• 11. I am concerned about public access to information about my property. What steps have been taken to ensure my privacy?

  Permanent link to I am concerned about public access to information about my property. What steps have been taken to ensure my privacy?

  I am concerned about public access to information about my property. What steps have been taken to ensure my privacy?

  Information about land and property is not considered to be personal information. All information provided on the Property Assessment Mapping Tool, including but not limited to text, graphs, charts, maps and tables is created from information that is publicly available from multiple sources. The Property Assessment Mapping Tool does not display personal information such as owner or renter names or mailing addresses.

  Strathcona County does not warrant the accuracy or completeness of information presented in the tool, so please exercise due diligence in relying on this information.

• 12. How can I change incorrect information on my property summary?

  Permanent link to How can I change incorrect information on my property summary?

  How can I change incorrect information on my property summary?

  To have incorrect data corrected, please submit a County Connect request. A review of the property file will be conducted by a qualified Property Assessor.