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New data about the assessed value of homes in Edmonton is out and all homeowners should have received their notices in the mail earlier this year. Most property owners across the city are seeing a higher assessed value of their homes.

The average single-family, detached home in Edmonton is assessed at $402,000 which is an average increase of $21,500 from last year. These 2022 assessment notices reflect the market value of a property on July 1, 2021.

A common concern among homeowners is what the increase in assessed property values means for their property tax bill, fearing that a big jump in assessed value will mean higher taxes. While that can happen, changes to property assessments do not automatically translate into an increase in property taxes.

In reality, the change in your tax bill depends on your home’s assessed value relative to other homes in the area – if your property’s assessment is similar to the average change for similar property classes around you, your bill will likely remain the same. If your property assessment was higher or lower than the average, your tax bill will likely follow suite.

If you disagree with your property assessment, you must file a formal complaint no later than March 23.

If you are over the age of 65, you may qualify for a grant to help cover part of your municipal property taxes and the education portion of the property tax bill, as well as a tax deferral program.

All homeowners can review their property’s new assessed value by visiting MyProperty for details.

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Canon Ridge, located in the northeast of Edmonton, is a longstanding favourite for the city’s residents. It is in a fantastic location alongside the scenic Saskatchewan River and near the Yellowhead Highway, making it a quick and easy commute to get downtown.

The neighbourhood is bounded on the west by Victoria Trail, on the south by Yellowhead Trail, and on the north by Kennedale Ravine. Canon Ridge is one of three neighbouthoods that make up the Hermitage plan area.

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Kitchen trends this year are building on the momentum of last year and are on track to be even simpler, cozier and more nature-inspired than 2021. The pandemic fundamentally changed how we live and work inside our homes – the heart of that change starts in the kitchen, a place of comfort and family. This year’s hottest trends focus on simple luxuries with an organic style, putting function and convenience at the forefront.

• Vintage is in. It started out of necessity because of supply-chain issues and quickly became a design choice to go vintage over big-box store, adding charm and character to the kitchen with antique and vintage pieces. Try an heirloom table or a cabinet filled with handcrafted ceramics.

• Natural colours. White, of course, is a kitchen classic. But this year, try a splash of brightness to bring the colours of nature to your home: sunny yellow, burnt orange, moody blue, sandy browns and calming greens are all sizzling hot in 2022.

• Bold materials. Traditional tile has had its day. Now, bold materials that evoke a certain sense of rawness are in. Try stone countertops like marble balanced with a modern wood finish in light or medium tones (grained walnut and white oak are gorgeous).

• Arches and curves. Elegant, rounded curves – like a rounded pantry door – provide a distinct contrast to the more typical square doorways and cabinets.

• Accent lighting. Lighting can make all the difference to the mood of a room. Try smaller table lamps on countertops, warmer-coloured LED bulbs and decorative hanging chandeliers.

• Kitchens as multipurpose rooms. Adults working and children learning from home during the pandemic changed how we use our homes: the need for multifunctional design has become more important than ever and that trend continues in 2022, making functional design a must. Try a bar or kitchen island with stools or a small breakfast table tucked in a nook.

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New property listed in Zone 12, Edmonton
I have listed a new property at 301 11716 100 AVE in Edmonton.
Beautifully and Completely Upgraded 2 Bedroom, 2 Bathroom Condo in The Victoria Promenade building Downtown. Large foyer with ample storage, ceramic tile. The Kitchen features Stainless Steel Appliances, Full Height Cabinets, Quartz Countertops, Backsplash and Eating Bar. Spacious Living Room with corner Gas Fireplace. Direct access to the balcony with gas hook up for your BBQ. The Main Bathroom has floor to ceiling tile in the Shower. Primary Bedroom with Walk In Closet and 4 piece Ensuite. Generous size Second Bedroom. Hardwood flooring in the Living Room, Dining Room & both Bedrooms. In suite laundry. The Building features a Party Room. 2 Underground Titled Tandem Parking Stalls and a Storage Cage in the secured heated parkade. Steps to the magnificent river valley!!! Close to walking trails, parks, golf, shopping, public transportation, restaurants, bars and so much more. Everything you need is at your fingertips!
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