From the blog...

MPAC – Your Recent Assessment and What It Means

Posted on: November 12th, 2012 by Chris Scott

You will likely have recently received your property tax assessment in the mail from MPAC (Municipal Property Assessment Corporation) and you might have some concerns in terms of the assessment accuracy – and what it might do to your property taxes themselves.

Firstly – if your home’s value has been accurately assessed – and it has gone up – this doesn’t necessarily translate into higher property taxes for you. It is when your home’s value has increased at a higher rate than others that you might be facing an increase in your taxes higher than the municipal budgetary property tax increase.

To establish your property’s assessed value, MPAC analyzes property sales in your community. This method is called Current Value Assessment. In addition to recent sales, they look at the key features of the property – location, lot size, living area, age and quality of construction. Other factors that may come into play are number of bathrooms, fireplaces, garages, pools, water frontage, etc. This analysis compares your property with sales of comparable properties in your community.

Go to the MPAC web site at www.aboutmyproperty.ca. You will need your 19-digit roll number and the website password provided in your recent assessment. Carefully review the information about your property to ensure its accuracy and compare your assessment to similar homes sold and unsold in your area. You can obtain information about your property and information on up to 24 additional properties of your choice and up to six selected by MPAC, free of charge.

If you feel your assessment is out of line, you can start the process of filing a “request for Assessment Review”. For the 2013 tax year, your deadline to file a RIR with MPAC is April 1, 2013. You can do this from the AboutMyProperty website or by sending a letter to MPAC with all pertinent information.
You can also call MPAC at 1-866-296-6722
MPAC
P.O. Box 9808
Toronto ON M1S 5T9
Toll free fax: 1 866 297-6703

If I can be of any assistance by, for example, providing you with a quick market evaluation, please give me a shout.
Chris

    
 
 
        
   Anny Metivier 
 2024-08-13
 
 
  Over the years, with multiple military moves, we’ve had the opportunity to work with many real estate agents, and we can confidently say that not all are created equal. Chris, by far, has been the most trustworthy and easiest real estate agent we’ve had the pleasure to work with.
  
 
       
   Jake Moffat 
 2024-06-07
 
 
  Colin has been the best realtor to work with and helped us buy a great house in the perfect neighborhood. Colin and the rest of the team at Chris Scott were incredibly helpful the whole way and always available to answer questions, show us houses at a time that was convenient for us and were just generally professional and friendly during the whole process. We will recommend Colin and the team to our friends and family.
  
 
       
   Faith Woodley 
 2024-03-13
 
 
  I was a co-Executrix of an estate, and we had a condo that we had to sell for the estate.  In order to get the property ready for sale, we had to have the over 5,000 square foot condo painted and the carpets replaced.  Since the property was empty, Chris recommended a home stager that he uses on properties that require these services, and she did a fantastic job of staging the condo. It took the condo to the next level. The condo sold for a phenomenal price, and we were very happy with Chris Scott and his abilities.  He always gives over 100 percent to get the job done!  I recommend him to anyone that requires the services of a great real estate agent.
  
 
       
   Emily Bozanich 
 2023-10-07
 
 
  We worked with Rachel and she was beyond diligent. She is so organised and meticulous with details, it really helps when buying a home. She even agreed to do a virtual walk through for the home we ended up buying because we weren’t going to get there ourselves prior to offers being reviewed. She was also great with recommending areas to consider and avoid. Highly recommend.
  
 
       
   Cy Dixon 
 2023-10-06
 
 
  Rachel was amazing. She helped me find the perfect home for me and my son during a challenging time in my life. She was extremely patient and empathetic, professional and knowledgeable. I highly recommend her. No one will work harder for you than Rachel.
  
 
       
   Jeff C 
 2023-10-06
 
 
  Awesome realtor team very helpful and knowledgeable
  
 
       
   Nathalie Groupe Godin 
 2023-10-06
 
 
  Great service. Very knowledgeable. Super helpful. I’d use this team again.
  
 
       
   D Hynders 
 2023-10-05
 
 
  I recently used Chris' team to purchase a new house and I have to say that it was a pleasure to work with them.
  
 
       
   Megan Bixby 
 2023-10-05
 
 
  My husband and I purchased a house in the surrounding Ottawa area with the assistance of Colin from this group of individuals. We unfortunately were left with no choice but to purchase a home sight unseen due to our work circumstances. We originally considered not purchasing because of this.
We deliberated and chose to purchase a home after participating in FaceTime showings and we could not have been more satisfied. Colin was objective, professional, calm, informative, and realistic. He listened to our needs and helped us choose our home. The fact that we were pleasantly surprised, and a year later remain pleased as punch, says everything about how talented this company is. Will, without a doubt, use this company when we leave Ottawa.
  
 
       
   André Desjardins 
 2023-10-04
 
 
  We worked with Chris to find a home back in 2011 that would suit our desire to be close to work. He was nothing but professional and courteous! Listening to our needs and showing us what we were looking for. Years later, when we thought about down sizing and finding a renovated home, he took us around to see some in the neighborhood. He always open to helping us out in our searches

From the blog...

MPAC – Your Recent Assessment and What It Means

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