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  #671  
Old 2018-10-31, 01:09 PM
mgk-sh mgk-sh is offline
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Thank you. sorry for late response!
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  #672  
Old 2018-11-20, 01:33 PM
Sasha Yang Sasha Yang is offline
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Has anyone received their mpac Property Assessment? The Property valuation seems to be extremely high, would have loved this if I was selling but I don't plan on paying $10K/year with their ridiculous assessment. Does anyone have experience on what can be done or share ideas on how to handle disagreement on the assessed value?
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  #673  
Old 2018-11-21, 12:55 AM
dix dix is offline
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Quote:
Originally Posted by Sasha Yang View Post
Has anyone received their mpac Property Assessment? The Property valuation seems to be extremely high, would have loved this if I was selling but I don't plan on paying $10K/year with their ridiculous assessment. Does anyone have experience on what can be done or share ideas on how to handle disagreement on the assessed value?
I haven't received my MPAC assessment yet, but given the market I would guess most/all houses in the neighbourhood would be $1m+. At a .09+% mill rate ~$10k/year in taxes would be expected. I know you can appeal the evaluation but not sure what value is expected.
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  #674  
Old 2018-11-21, 09:51 AM
BigSlick BigSlick is offline
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Quote:
Originally Posted by dix View Post
I haven't received my MPAC assessment yet, but given the market I would guess most/all houses in the neighbourhood would be $1m+. At a .09+% mill rate ~$10k/year in taxes would be expected. I know you can appeal the evaluation but not sure what value is expected.
Yes, I'm not a fan of paying taxes but my MPAC seems fine to me. Maybe your expectations were off? In year 1 my MPAC value is less than what I paid for the house, and after the 4 year phase-in the MPAC value is still way below market value for the house today.
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  #675  
Old 2018-12-08, 07:00 PM
mgk-sh mgk-sh is offline
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This assessed value is too high than what I paid for my house. MPAC follow the assessment which the did on hiusing market hot season 2016. I guess we should voice up to all councillors and MPAC to revise their valuation
Tux
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