The Our Town - Clarenville Blog by Paul Tilley

Surely by now, if you own property, you have received your 2012 property assessment in the mail.   It’s been a jaw dropping experience for most people as we have seen the appraised values of our properties go up by 25% or more over the last assessment 3 years ago.   Because of this, the Municipal Assessment Agency, the provincial agency that calculates the values, has become a lightning rod for taxpayers and municipal governments alike. Tuesday night’s Council meeting was no exception.  The MAA received an impassioned bashing – but I’m not convinced. If you look at your assessment, I am sure that you will agree that it is a truer reflection of the actual value of your property.  Ask yourself honestly – could I get at least this much for my house if I sold it?  I am sure you will agree that it’s a more realistic value.   Because this assessed value is more realistic, banks will more readily acknowledge the value of your assets – maki...