Value decreases since the 1991 base year in Edmonton have created large disparities between the assessments and market values of office buildings.

We have succesfully reduced the assessments for both downtown and suburban office buildings due to the high vacancies in many of these projects and their greatly reduced values.

Location plays a great part in determining the value of industrial properties.

Functional factors such as low useable ceiling heights can also be important in arriving at fair and equitable values/assessments for warehouse projects.

Vacancy increases since 1991 and value decreases have combined to allow many successful appeals on both walk-up and high-rise apartment properties in Edmonton.

Our knowledge of the local real estate market enables us to present high quality, credible evidence at the tribunal hearings and achieve tax savings for our clients.

Good quality retail properties are often assessed near to or lower than their market values however, we have been able to deal with inequities between individual properties and reduce the assessments for many of these projects as well.

As the municipalities in Alberta move to market value based assessments, careful review of the assessments for all properties will be increasingly important to ensure the assessments are fair in relation to other properties and the taxes paid are as low as possible.