Are Tax Assessments Accurate? Here’s What Homes in Edmonton Actually Sold For!

If you’ve ever wondered how accurate property tax assessments are, you’re not alone. Many homeowners check their tax assessment value, thinking it reflects what their home is actually worth—but in reality, assessments can be way off from real market value.

In our latest video, we compare tax assessment values vs. actual sale prices of homes in Edmonton, Sherwood Park, and beyond. The results? Some homes sold for hundreds of thousands over their assessed value!

Key Insights From The Video:

✔️ A Sherwood Park home assessed at $515,000 that sold for $740,000!
✔️ A Southwest Edmonton luxury home assessed at $1.29M but sold for $1.57M!
✔️ Why tax assessments are often inaccurate and misleading for buyers & sellers
✔️ The best way to determine your home’s true value in today’s market

What This Means for Homeowners

If you’re thinking about selling your home, do not rely on your tax assessment value as your price guide. Many homes are selling for far more than assessed values, meaning you could be leaving money on the table if you price too low.

What This Means for Buyers

A home’s tax assessment does not always reflect its true worth. Understanding real market trends and working with an experienced real estate agent will ensure you make the best buying decision.

📢 Want to know what your home is REALLY worth? Contact us today for a free home evaluation!

🎥 Watch the full video now: