Let Our Experts Help You Appeal and Lock-In Tax Savings
We offer a full range of services including valuation, property tax consulting and advisory services. Our team also offers customized valuations for specialty real estate including hotels, resorts, and multiresidential developments. From a single commercial asset to a national portfolio of properties, we provide you with accurate and timely information that will help you better understand the value of your assets and make business decisions accordingly.
Appeal your assessment and see huge cost savings today!
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50+ Years Combined Property Tax Experience
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>80% Success Rate
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2,500+ Assessment Review Board Hearings
Our Process
The Pre-Roll Consultation
The Pre-Roll Consultation Period is a time where agencies can review a property’s “Preliminary Assessment Notice”. After reviewing the value the City has assigned to the property, Colliers is able to speak with assessors to try and reduce this value, prior to the assessment being mailed out. This is a process that allows owners to have more accurate property tax budgets for the following year and allows an opportunity for a reduction without a formal appeal being filed.
Customer Review Period
The Customer Review Period is the time between the Assessment Notice being mailed and the deadline to file an appeal. During this process, Colliers reviews hundreds of Assessment Notices to determine whether an appeal is necessary and worthwhile for the client. It is also a time in which Colliers can speak with assessors to try and come to agreements without the need for a formal appeal to be filed. Each property will be given a report outlining whether an appeal is recommended, with detailed reasons as to why we believe a reduction is achievable.
Evidence, Rebuttal & Hearings
Once an appeal is filed, Colliers’ will represent each property at the Composite Assessment Review Board. It is a Quasi-Judicial Board made up of real estate professionals, and their purpose is to decide whether assessments are fair and equitable. The process consists of Colliers and the Assessment Department exchanging evidence, and we are given an opportunity to formally rebut their evidence before we appear at the Board for the hearing. Within 30 days of the hearing, a Written Decision is issued to both the owner of the property and Colliers notifying us of the result.
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FAQ
What is an equitable/fair assessment?
What is a correct/market value assessment?
How much does it cost to get a property assessment review?
Why should I get a property tax review with Colliers?
What are the key dates in Alberta that I should take note of?
How has the pandemic impacted property tax in my area?
Recent Successes
Rural Property – Industrial
Size
1,015,740 SF
Original Assessment
$151,200,000
Revised Assessment
$90,000,000
Tax Savings
$630,000
Assessment Reduction
40%
Suburban Office
Size
178,343 SF
Original Assessment
$32,650,000
Revised Assessment
$27,300,000
Tax Savings
$110,000
Assessment Reduction
16%
Beltline Retail
Size
4,000 SF
Original Assessment
$4,210,000
Revised Assessment
$2,140,000
Tax Savings
$43,000
Assessment Reduction
49%
Commercial Land
Size
53,245 SF
Original Assessment
$22,350,000
Revised Assessment
$19,150,000
Tax Savings
$66,000
Assessment Reduction
14%
High Rise Multi-Residential
Units
101
Original Assessment
$21,984,000
Revised Assessment
$18,885,000
Tax Savings
$32,000
Assessment Reduction
14%
Holiday Inn
Rooms
189
Original Assessment
$17,320,500
Revised Assessment
$12,836,500
Tax Savings
$108,283
Assessment Reduction
26%
