Spruce Grove Property Tax Calculator 2023
The City of Spruce Grove is approximately 30 minutes west of Edmonton by car and is home to over 37K residents. The population of Spruce Grove increased by 10% from 2016 to 2021. Real estate in Spruce Grove consists of townhouses, condos, single-family homes, older homes, as well as vacant lots ready for development. The average prices of detached homes in Spruce Grove increased by 2.5% from August 2022 to August 2023 and the average price of a detached home in Spruce Grove is $463K. The average price of apartments in the same month was $170K. As of 2023, Spruce Grove’s property tax rates are the 10th lowest in Alberta for urban municipalities with over 10K population.
Spruce Grove property tax is based on the assessed value of your home. Every year, Spruce Grove assess properties based on guidelines set by the Alberta Assessment and Property Tax Policy Unit and the Ministry of Municipal Affairs
You can calculate your property tax using either your home's assessed value or your home's most recent market price. Just enter the price and type of your property, and we will give you an instant property tax estimate.
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2023 Tax rates for Cities Near Spruce Grove
| City | Final Tax Rate |
|---|---|
| Edmonton | 0.944750 % |
| Leduc | 0.995470 % |
| Camrose | 1.110840 % |
Spruce Grove Property Taxes
Property tax is a tax based on the assessed value of a property. If you own a property or parcel of land, you will have to pay property tax. It is used to pay for city services such as police, the fire department, and public transit as well as elementary and secondary education.
There are two main parts to a property tax:
- A municipal tax that depends on the municipality of the property
- An education tax that may change from municipality to municipality
Some cities may add additional taxes.
Property tax rates also depend on the type of property. Common major categories are Residential, Multi-Residential, Commercial, Industrial and Farmland. Almost all homes will apply under Residential property tax rates.
| Residential Property Tax Rate for Spruce Grove from 2018 to 2023 | |||
|---|---|---|---|
| Year | Municipal Rate | Educational Rate | Final Tax Rate |
| 2023 | 0.649920% | 0.236790% | 0.893430% |
| 2022 | 0.659000% | 0.247300% | 0.913030% |
| 2021 | 0.667150% | 0.267270% | 0.945080% |
| 2020 | 0.631410% | 0.258600% | 0.900410% |
| 2019 | 0.622470% | 0.257210% | 0.890020% |
| 2018 | 0.591580% | 0.255900% | 0.857460% |
Spruce Grove Property Tax Department Information
For any questions or inquiries about your property tax rate or property tax bill, you can reach out to the city of Spruce Grove's property tax department through the following methods:
| Phone number | 780-962-2611 |
|---|---|
| info@sprucegrove.org |
Spruce Grove Property Tax Department Information
For any questions or inquiries about your property tax rate or property tax bill, you can reach out to the city of Spruce Grove's property tax department through the following methods:
| Phone number |
|---|
| 780-962-2611 |
| info@sprucegrove.org |
| Spruce Grove at a Glance | |
|---|---|
| Province | Alberta |
| Settled Year | 1879 |
| Established Year | 1907 |
| Incorporated Year | 1986 |
| Population | 37,645 |
| City Area | 32.2 km 2 (12.4 sq mi) |
| Official Website | Spruce Grove Official Website |
Property Taxes in Alberta for a $500K Alberta Assessed Value Home*
Assessed Value of a Property
Properties in Alberta are assessed every year by municipalities according to guidelines by the Ministry of Municipal Affairs and the Alberta Assessment and Property Tax Policy Unit. This is different from BC and Ontario where property assessments are conducted by a provincial entity. Most properties are assessed using a market value-based approach. There are three ways that municipalities can use to determine a property’s market value:
1.Sales Comparison Approach
Most properties are valued under this approach. This compares the sales of similar properties in the assessment year to determine a valuation for the property. The assessed value may not equal the actual market value or sale value of a property.
2.Cost Approach
New properties are valued under this approach. This uses the cost of the property if someone were to rebuild it to determine a valuation for the property. This includes the price of the land and the price of all improvements (e.g. buildings) on top of it. While this takes into account the market value of the land, it does not consider the market value of the property as a whole.
3.Income Approach
For properties that are dedicated to generating income like rental properties or offices, an income-based approach is used. In these cases, it may not be possible to find recent sales of comparable properties. This approach uses the income generated by the property to determine its assessed value.
Property Taxes in Alberta for a $500K Fair Market Value Detached Home*
How We Calculate Your Property Tax
If you entered your home's Provinical Assessment value, we calculate your property tax by multiplying your Assessment value by Spruce Grove's final property tax rate.Property Tax of Other Cities in Alberta
Disclaimer:
- Any analysis or commentary reflects the opinions of WOWA.ca analysts and should not be considered financial advice. Please consult a licensed professional before making any decisions.
- The calculators and content on this page are for general information only. WOWA does not guarantee the accuracy and is not responsible for any consequences of using the calculator.
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- Interest rates are sourced from financial institutions' websites or provided to us directly. Real estate data is sourced from the Canadian Real Estate Association (CREA) and regional boards' websites and documents.