Getting the assessment in the mail can be confusing to some who are first-time homebuyers but Lee reinstated by looking it over line-by-line will help people get more comfortable with what information is being shared.
Lee said this will also help new homeowners get a decent gauge of what their upcoming property taxes might be, come the spring. He said people are able to take the information from their assessment and put it into another tool from the city — itsCanada housing market outlook 2023: Here’s what buyers and sellers can expect
“Now, who should worry about this number being larger, is if you think it’s completely out of whack with reality,” Langille said while also repeating what Lee said earlier when it comes to property taxes come springtime.