Many of you have already received that precious envelope from MPAC in the mail this week. Inside is your 2012 Property Tax Assessment Notice.
Do you think your new assessment is wrong?
Don’t worry! There are steps you can take to try to get it reduced!
Here are some tips for tackling your Tax Assessment:
You can log onto www.aboutmyproperty.ca using your Roll number and access key (on your Notice). Using this website, we suggest that you:
- Confirm that MPAC has correct information on file about your property. Double check lot dimensions, number of bathrooms, square footage, etc, etc., etc.
- Look at the homes that MPAC has compared your home to in the process of determining value. Are these homes similar to yours? Have they sold recently? Are the sale prices correct?
- Look for the assessments of other homes you feel ARE similar to yours (in your immediate neighbourhood). How do their assessments compare to yours?
FILE A REQUEST FOR RECONSIDERATION (RfR)! (The deadline to file a RfR with MPAC is April 1, 2013) Be sure to include any supporting documents or photos that could help your case.
Other tips:
- If your house is “one of a kind”, make sure you include photos with your RfR and a summary of why your home is so unique. You may request that an Assessor visit your home to discuss your Assessment.
- If you fail to come to an agreement with MPAC, you will be given the opportunity to file an Appeal with the Assessment Review Board (ARB). (If possible, try to settle on an amount with an MPAC Assessor; preparing for a Hearing can be very time consuming!)
For more information you can visit our website: https://bonniebyford.com/links.html#mpac
Or call us at 416-483-4444, we’d love to chat!