06/10/2026
How do Calgary home sale prices compare to tax assessed values?
I analyzed the sales where tax data was available and compared them to the sold price. For the matched data I looked at:
• 2025 sales vs. 2025 assessments: 48% sold below assessed value, 29% sold above, and 23% were within 3%.
• 2026 sales vs. 2025 assessments: 52% sold below, 28% sold above, and 19% were within 3%.
The big takeaway: tax assessment and market value are not the same thing. Assessment can be a useful reference point, but it does not replace a current market evaluation based on real comparable sales.
If you’re thinking about selling, pricing comes down to what buyers are actually paying right now — not just what shows up on the tax notice.