Edmonton mails out 2025 property assessment notices ahead of tax season

Edmonton's Virginia Park neighbourhood has experienced a significant decrease in property values, contrasting with a general rise in residential tax assessments across the city. While some residents express optimism, others, like Ana, are concerned about increasing property taxes. Central McDougall is seeing the largest spike at nearly 17%. The city notes a decline in non-residential values, particularly in downtown office spaces, attributed to the shift to hybrid work. Homeowners can dispute their assessments, with the final budget set for April.