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fighting back: Tax Assessents are in! - 09/30/08 05:31 PM
Have you received your 2008 property assessment form from MPAC?
Most of the people I've spoken to state their homes have increased in assessed value close to $30,000 since 2005. My home's assessment was $37,000 and it's a condo. We have done no improvements to the interior and any improvements made by the condo corporation to the exterior have been more than covered by the annual increases demanded for condo fees. So why the impressive increase?
Despite the other factors the official flyer mentions, assessments are based mostly on recent sales in your neighbourhood. A lot of condo's have sold on our street over the … (2 comments)

 

Robert Morrow

Hamilton, ON

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Chase Realty Inc. Brokerage

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Blog by Hamilton Home Review's editor, Robert J. Morrow, a licensed Realtor with Chase Realty Inc., in Ancaster, ON, Canada.


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