The value of an average home in Edmonton went up less than one per cent last year, according to the city's latest property assessments. Assessments released Tuesday show that between July 1, 2016 and July 1, 2017 a typical single-family, detached home in Edmonton went up by 0.6 per cent and is valued at $399,500. That means anyone owning a typical home will pay about $2,468 in municipal property taxes, $84 more than in 2016. "I think most of the values stayed pretty stable," said Rod Risling, assessment and taxation branch manager with the city. Fifteen to 20 years ago, the city used to get around 10,000 complaints annually about property values.

Source: CBC News January 02, 2018 19:08 UTC