Non-residential property assessments
Non-residential properties are properties which are not used as a residence and are not classed by the assessor as farmland, machinery and equipment or residential as described in the City of Calgary Charter.
Non-residential property assessments are completed annually for the purpose of distributing fair and equitable taxation. These properties are assessed using one of three approaches to determine market value.
- Sales comparison approach: comparing sales of similar properties.
- Income approach: capitalize the income being generated by the property.
- Cost approach: land value plus the depreciated replacement cost of the improvement(s).
The assessments are based on The City's estimate of the property’s market value as of July 1 of the year prior, and the characteristics and conditions of the property as of December 31.
Each year, we assess all non-residential properties in the City of Calgary. Visit Assessment roll highlights to review this year’s combined value of all non-residential properties in Calgary.
Video: How non-residential properties are assessed
Non-residential property types
How we assess non-residential retail property
How we assess non-residential office property
How we assess non-residential industrial property
Land and Specialized
How we assess land and specialized property