On January 15, 2026, the City of Calgary announced that it had sent more than 600,000 property assessment notices for 2026 and opened the Customer Review Period, which runs until March 23.
Calgary median assessed value, 2025 vs 2026
Key figures
- The median single residential assessment is $706,000, compared with $697,000 in 2025.
- The median residential condominium assessment is $347,000, down from $359,000.
- The typical market value change for both residential and non-residential property is a 1% increase.
- The 2026 assessment roll totals $457 billion, $15 billion more than last year.
What the notice is, and what it is not
A 2026 assessment estimates a property’s market value on July 1, 2025, based on its characteristics and condition as of December 31, 2025. It sets each owner’s share of property tax, but it is not a tax bill and no payment is required.
If you believe your assessment does not reflect your property’s market value on July 1, 2025, the City asks owners to review it at calgary.ca/assessment or call 311 before March 23, the last day of the Customer Review Period.
Our take: an assessment is a mass-appraisal estimate from mid-2025, so it can differ from what a home would sell for today. If you are thinking of selling or refinancing, recent sales of similar homes in your community are a better guide to current value.
Houses up, condos down
The median single residential assessment rose by $9,000, or about 1.3%, while the median condo assessment fell by $12,000, or about 3.3%. That matches what the resale market showed through 2025: detached and semi-detached prices held up, while condos faced rising supply. Because the valuation date is July 1, 2025, the assessments do not capture price changes in the second half of the year.
Assessment is not the tax bill
The City stresses that assessment changes are revenue neutral: they do not change the total property tax the City collects. They only decide each owner’s share. The City and the Province each set their own budgets and decide how much they need from property tax. The City set its budget in December; the Province will finalize its budget in the spring. For 2026, the City estimates that 60% of residential property tax will stay in Calgary and 40% will be collected for the Province.
That means an owner whose assessment rose by about the typical 1% may not see a large change from the assessment itself. An owner whose value rose much faster than typical will pay a larger share, and one whose value fell, as for many condos, may pay a smaller share.
Where to find your notice
Owners who signed up for e-notice can already see their notice, and previous years’ notices, by logging in to myTax. Others should receive theirs by mail over the next week. “This virtual information session is free and open to everyone. I encourage those that have questions about the property assessment process to attend,” said City Assessor Eddie Lee about the January 28 session, which includes a short presentation followed by questions.
How to review your assessment
- Check the details: make sure the size, year built, garage and other features listed match your property.
- Compare with similar homes: look at assessments of comparable homes on your street or in your community through myTax, and note any big differences.
- Ask questions early: call 311 or visit calgary.ca/assessment before March 23. The City Assessor will also host a free online Q&A on January 28 in the evening.
- Selling or refinancing: do not rely on the assessment as a market value. Ask us for a market evaluation based on current sales.
