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Assessment roll highlights

Key findings from the 2026 Assessment Roll:

  • On Jan.14, 2026, The City sent out more than 614,000 property assessment notices.
  • The total value of the 2026 Assessment Roll is $457 billion, an increase of $15 billion in value from last year.
  • The typical residential market change is one per cent this year compared to 15 per cent last year. 
    • The residential market includes detached and semi-detached homes, condominiums, multi-residential rental apartments and vacant land. Over the past year, we have seen a return to a more balanced market. Key drivers of this trend include stabilizing net migration and in increased housing supply.  
  • While the typical residential change is one per cent this isn’t uniform across all types of residential property.
    • Single Residential, which makes up the largest property type in the residential assessment class with almost 350,000 properties, showed a city-wide trend towards moderation.  The typical change for Single Residential is one per cent. 
    • Residential condominiums represent the second-largest property type, with approximately 218,000 units. This year, the market is relatively flat when compared to last year’s growth, signaling reduced market pressure and greater stability. The typical change for Residential Condominiums is minus three per cent.   
    • Multi-Residential rental apartments make up only a small fraction of the residential assessment class with only about 2,500 properties. However, they showed the strongest demand, which was driven by sustained population growth, shifting housing preferences and large increase in construction in the small category. The typical change for Multi-Residential rental apartments is eight per cent.
  • Overall, non-residential property types have increased in value one per cent, reflecting strength within this assessment class. 
    • Industrial is seeing a three per cent increase and continues to be the strongest-performing non-residential sector, supported by Calgary’s strategic role as a key distribution hub 
    • Retail recorded a two per cent increase, reflecting stable demand across established and emerging corridors.
    • Office experienced a four per cent decrease due to ongoing uncertainty and challenges stemming from mergers and acquisitions in the energy sector. However, growth in the technology sector offers optimism for future recovery.
  • The 2026 median single residential assessment (excluding condominiums) is $706,000 compared to $697,000 in 2025.
  • The 2026 median residential condominium assessment is $347,000 compared to $359,000 in 2025.

Presentation

Property values

2026 market trend and sales reports

myTax is our online resource for property owners to access more detailed information about their assessment and tax information.

myTax
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