Last week the City of Airdrie mailed out the property assessments and this week we usually get a lot of phone calls. It's important to understand that your property assessment value is not necessarily the current market value of your home.
The City of Airdrie includes a pamphlet that describes how they determine your assessment value. It clearly states that they use "mass appraisal techniques". When we do a Comparative Market Analysis (CMA) we have a more focused set of criteria because we are not trying to determine the value of hundreds of properties we are just looking at ...

