Understanding Residential Property Assessment in Ontario - #7 in a series on property taxes - 10/27/08 10:07 AM
Supporters of full market value assessment (Current Value Assessment or CVA as it's now called) would have you believe that the value on your assessment notice represents the market value of your property as of a given date, currently January 1st 2008 for taxation in 2009.
If they were to study the assessment process they would find this may not be so as a single formula or assessment "model" as it is called by the assessment world is used to determine the value of all properties in a given area or neighbourhood.
The multiple regressional analysis (MRA) process utilized by the … (2 comments)

You and "YOUR" Property Tax Bill -- Is Your Assessment Fair and Equitable - 10/17/08 03:34 PM
Having successfully challenged my own and many other's assessments over the years Both at the ARB and OMB level there are some points you should be aware of.
1. Bear in mind the assessed value you are looking at is not todays value it is a historical value and in reality is a calculated value using regressional analysis not comparables as you would to list or sell a property. Also their valuations can be out by 10% from actual sales and still be considered fair and equitable in fact I have one case history where an assessor said a property that was … (3 comments)

Blog Action Day --- Poverty --- One person Can Make A Difference - 10/15/08 10:39 AM
If You know Kathy You also know what drives her. Her life, our lives, were changed after she went to Ghana to help build a food storage building.
Poverty is something we can all do something about. Visit Kathys post for blog action day and join the conversation to help end poverty.

Via Kathy Clulow ASP® SRES®:
Over 1 billion people around the world live on less than $1.00 a day
 
Every 3 seconds a child dies of extreme poverty
A very powerful and visual demonstration of the number of deaths from hunger and hunger related causes are the demonstration … (5 comments)

Ontario Senior Homeowners' -- Property Tax Grant - 10/08/08 10:00 AM
Seniors make sure you apply using form ON479

Via Kathy Clulow ASP® SRES®:
If you are 64 years of age or older, own and occupy a principal residence in Ontario and paid property taxes on it in 2008 you may qualify for a grant of up to $250 in 2009. Applications for the grant will be included in your 2008 personal income tax return. The maximum grant will be increased up to $500 for 2010 and subsequent years.
 
Additional requirements for eligibility
 
A single senior with $250 or more in property taxes in 2008 and an income up … (0 comments)

Over The Farm Gate - 10/04/08 08:48 PM
Sunday October 5th is the last day to enjoy this tour of Durham Region and learn a little about the agriculture business and the Region at the same time.
Via Kathy Clulow ASP® SRES®:
GATES OPEN
SAVOUR DURHAM TOUR
Durham Region encompass a broad spectrum of agriculture activites, from the small family farm to the large corporate farms you will find them all here. On October 4 & 5, 2008 between 10am and 4pm, bring your family and friends on a self-guided tour of Durham Region's farms. Along the way, sample local foods prepared by a selection of Durham's finest chefs.
To showcase … (0 comments)