Are you paying too much property tax?

Property taxes are a reality for any homeowner and a necessity to our city, but have you considered if you’re paying your fair share?

Last fall, MPAC sent out its property assessments for a four year period beginning January 1, 2012 which saw a 23% average increase in property values from its previous assessment date of January 1, 2008.

Although I speak with the odd homeowner who is outraged to see such large increases in their valuation knowing the increased assessment often leads to higher property taxes, most of us don’t give this assessment a second thought, and many of us are excited to see how much our properties have appreciated over recent years. [..]