NEWS
 
NDP MPP claims unfair housing assessments in city's west end
However, MPAC denies allegations
1 0

If you feel like you're paying too much in property taxes because your home's value is higher on paper than you actually think it is, one NDP MPP says you may be right.

Cheri DiNovo says most homes under $465,000 in the city's west end were over-assessed but those approaching $1 million were under-assessed.

Pointing to 240 homes in her Parkdale-High Park riding, Dinovo says housing assessments are becoming unfair.

Dinovo finds it troubling, especially if this means it's happening all over the city and the province.

One of the homes she brought up was assessed at 42.9 per cent over market value.

The Municipal Property Assessment Corporation (MPAC) stresses they provide fair and accurate property assessments. President and Chief Administrative Officer Antoni Wisniowski says if a homeowner thinks an assessment is wrong, they can appeal it.

Categories:

Leave a comment:

showing all comments · Subscribe to comments
  1. bills8091 posted on 03/21/2014 10:37 PM
    If you are paying more than your house is worth is there a way to fix it? I would hate to be paying more than I should. I understand that there are contracts, but shouldn't there be a way to fix that problem?

    Bill | http://www.marcinegroup.com/en/
showing all comments

DON'T MISS

BACK TO SCHOOL

BACK TO SCHOOL

NEWSTALK 1010 & Aaron Waxman and Associates teamed up to hand out 1,000 free backpacks with school supplies from Staples! WATCH the exciting event here

NEWS ALERTS

STAY CONNECTED

Sign up for out Breaking News Alerts and receive up-to-the-minute coverage of the top stories of the day

 
1 0

If you feel like you're paying too much in property taxes because your home's value is higher on paper than you actually think it is, one NDP MPP says you may be right.

Cheri DiNovo says most homes under $465,000 in the city's west end were over-assessed but those approaching $1 million were under-assessed.

Pointing to 240 homes in her Parkdale-High Park riding, Dinovo says housing assessments are becoming unfair.

Dinovo finds it troubling, especially if this means it's happening all over the city and the province.

One of the homes she brought up was assessed at 42.9 per cent over market value.

The Municipal Property Assessment Corporation (MPAC) stresses they provide fair and accurate property assessments. President and Chief Administrative Officer Antoni Wisniowski says if a homeowner thinks an assessment is wrong, they can appeal it.

Leave a comment:

showing all comments · Subscribe to comments
  1. bills8091 posted on 03/21/2014 10:37 PM
    If you are paying more than your house is worth is there a way to fix it? I would hate to be paying more than I should. I understand that there are contracts, but shouldn't there be a way to fix that problem?

    Bill | http://www.marcinegroup.com/en/
showing all comments

Top stories

Erika is on a path to strike Florida by late Sunday. A state of emergency has been declared.