Assessment

A property assessment is a reflection of the estimated market value of a property and is used for the purposes of taxation. The City of Camrose assessment process provides its citizens with a fair and equitable assessment of the value of their property.

Property values are reviewed annually. Property assessments reflect market value at July 1 of the previous year. For example, the 2016 assessment reflects the market value as of July 1, 2015. Assessed values and property class are available on our Property Information interactive map. Also found on the map are property attributes for residential properties.  The attributes on the map include year built, lot size, and square footage of the dwelling.
 
Evaluating Properties

City assessors evaluate properties based on a number of variables including lot and home size, basement finish, construction quality and location. After completing an analysis of property records, verification of sales data, surveys and site visits, a computerized appraisal system, developed in accordance with international standards, assigns fair values for all Camrose properties.

Assessment Roll
The Assessment roll is a listing of all properties located within the City and their associated values. The City uses the assessment roll to set appropriate tax rates so as to generate adequate tax revenues.

2016 Assessment Information
The mail out date for assessment and tax notices is May 13, 2016. Tax bills include municipal, provincial education, and lodge requisition taxes. The municipal portion pays for civic services such as police, fire rescue, road maintenance and parks. The deadline for tax payment (except properties on the monthly payment plan) is June 30, 2016 to avoid late penalty.  The deadline to file an appeal against your assessment is 60 days after the notice has been sent
 
The following is a list of commonly asked assessment and taxation questions. To view a list of commonly asked assessment and taxation questions click Assessment and Taxation FAQs.