What is Evidence?
A written submission of the facts to support your case and prove your assessment is incorrect (too low or too high). You are responsible for gathering all the information needed to demonstrate your case.
Evidence can include documents like sales data, MLS listings and appraisals. It can also include photographs, maps and the written views of a realtor or appraiser.
How do I prove the market value of my property?
Look at the recent sale prices of properties that sold close to July 1 in the previous year that are comparable to yours in terms of the following characteristics or features:
- location (neighbourhood, access to transportation, open space, etc.)
- services (near schools, recreation facilities, shopping, etc.)
- size of lot
- size and age of house
- number and size of bedrooms/bathrooms
- basement (finished or unfinished)
- garage/carport, outbuildings
- major or minor repairs needed
- environmental problems (odours, high traffic, etc.)
If you own a condominium unit, you might also want to compare features such as:
- the floor the unit is on
- floor plan and type of unit (corner/inside/end)
- parking (underground/street)
- other features (health club, party room, swimming pool, etc.)
If you live in a rural area, you may have to look further than your neighbours to find comparable properties. If this is the case, remember that market conditions and selling prices may vary significantly in different locations and regions. If you own property in a rural setting, consider the following when looking for properties that are comparable to yours:
- land area or dimensions
- site improvements
- non-assessable improvements
- services (garbage, water, sewer, etc.)
Develop a comparison chart of comparable properties that are located in your neighbourhood. If possible, take photographs of the outside of comparable properties and of your own. Contact the Municipality to get a map of the neighbourhood and mark the locations of the comparable properties.
Make sure that you have enough information to demonstrate that your property is similar to those that you have selected as comparable properties, and that the assessed value of your property differs significantly from those properties.
How do I find sales information on properties comparable to mine?
Search the Multiple Listing Service (MLS) database on the Internet. Search for properties with characteristics and in neighbourhoods that are similar to yours.
Go to your local registry office to search for recent sale prices. There will likely be a fee for this service.
What can the Municipality provide?
The Municipality can provide a summary of information on similar properties to yours, such as:
- A description of the parcel of land and any improvements
- The size of the parcel of land
- The age and size or measurements of any improvements
- The key factors, components and variables of the valuation model applied in preparing the assessment of the property
Please visit rmwb.ca/arb to learn more about the Assessment Review Board and the complaint process.