The City of St. Albert is located along the Sturgeon River northeast of Big Lake and is home to over 68K residents. The population of St. Albert increased by 4% from 2016 to 2021. The St. Albert real estate market consists of high-end condominiums, apartments, townhouses, detached houses, mansions, bungalows, and large residential properties. As per data from the Realtors Association of Edmonton, the average price of detached homes in St. Albert increased by 6% from August 2022 to August 2023, and the average price of a detached house in St. Albert is $558K. St. Albert is among the most expensive markets in the Greater Edmonton Area.
St. Albert property tax is based on the assessed value of your home. Every year, St. Albert 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.
I know my home’s AB Assessment value
I Don't Know My Home's Assessed Value
City | Final Tax Rate |
---|---|
Edmonton | 0.944750 % |
Spruce Grove | 0.893430 % |
Leduc | 0.995470 % |
Camrose | 1.110840 % |
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:
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 St. Albert from 2018 to 2023 | |||
---|---|---|---|
Year | Municipal Rate | Educational Rate | Final Tax Rate |
2023 | 0.822521% | 0.246343% | 1.101012% |
2022 | 0.821599% | 0.255542% | 1.110329% |
2021 | 0.825660% | 0.256613% | 1.118055% |
2020 | 0.809490% | 0.259012% | 1.104029% |
2019 | 0.802260% | 0.257350% | 1.068450% |
2018 | 0.789750% | 0.253490% | 1.051990% |
For any questions or inquiries about your property tax rate or property tax bill, you can reach out to the city of St. Albert's property tax department through the following methods:
Phone number | 780-459-1500 |
---|---|
Contact Form | St. Albert 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 St. Albert's property tax department through the following methods:
Phone number |
---|
780-459-1500 |
Contact Form |
St. Albert Property Tax Department Information |
St. Albert at a Glance | |
---|---|
Province | Alberta |
Settled Year | 1861 |
Established Year | 1899 |
Incorporated Year | 1977 |
Population | 68,232 |
City Area | 48.45 km 2 (18.71 sq mi) |
Official Website | St. Albert Official Website |
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.
Disclaimer: