Filing a dispute with MPAC

fuji

Banned
Jan 31, 2005
79,936
9
0
¯\_(ツ)_/¯
is.gd
A while back MPAC sent me their assessment of my property and it's a big jump over what it used to be. I'm worried this is going to lead to a big jump in property tax. I have a few more weeks to file a dispute with them, but I'm at a bit of a loss as to what exactly I should do.

Anyone have experience with this?

I am thinking my best bet is to get a real estate agent to prepare a statement for me listing other selling prices. The trick is it has to be for January 2008.

I could also just put together a bit list of negatives about my property and document them and see what happens.

Suggestions?
 
Just go th the MPAC website and you can file your grievance there.They will reassess and het back to you.Mine was reduced by $80000. Previus sales inn the area would help butnot necessary
 
Hahahahahha. Good luck with that. In my experience all you can do with MPAC is use lots of lube so it hurts less while they do it 'cone-style'. (The deeper it goes the wider it gets)

They've assessed my cottage (a 'marginal structure' according to census definitions) at damn near a million because some rich bastards sold their summer lake mansions nearby. They're not even in the same league.
 
carpetmuncher said:
Just go th the MPAC website and you can file your grievance there.They will reassess and het back to you.Mine was reduced by $80000. Previus sales inn the area would help butnot necessary

Yeah I found the website and saw the form you fill out to file the grievance. What I'm looking for are suggestions on what kinds of things to put in the grievance.
 
i have had reassessment done by them. this is what i did.
-first the assessment value for the home should be based on previous year and this year.
- try and figure out what the houses were selling for in your neighborhood LAST year. And if you find that info get copies and send it to them.
- if there are new communities going up in your area, get pricing lists from the builders, of course try and get prices for houses that are similar to yours, and if they are cheaper then your assessment value would be better.
-get as much info as you can, look in MLS listing for comparable houses showing lesser value.

main object is to show them that nobody would pay the assessed value for your home based on the house available in your area. also check out your house profile at MPAC, to see if they the right info about your home,
www.mpac.ca " aboutmyproperty", you should have your user ID and password in the letter u received.

since i got my reassessment done about 4 yrs ago, i just got a letter from MPAC assessing my home at 342000.00 , while just this summer my new neighbor payed well over 450000 to move in next door.

good luck
 
How much did your actual taxes go up?

The assessment is meaningless. Your assessment could double, but your taxes only went up 5%.
 
You need to show comparables of similar homes in your area that were recently SOLD. You need to prove to MPAC that the recent sales of comparables are LESS than the value being suggested by MPAC for your home. You will be assigned a property assessor working at MPAC. This individual has access to recent sales of similar homes in your area. You need to come up with some addresses that sold in your area in the past 12 months or so to indicate that value suggested by MPAC is NOT accurate. I've shaved $65,000 off my home. Good luck.
 
I've reduced $75,000 from my previous home's assessment. I don't think you can get a reduction of greater than $80k, though.

and according to my lawyer, Most people that file get the reduction.
 
One thing to consider though....sometimes assessed value does get considered by buyers, appraisers, or real estate agents when they are comparing properties...and so if you are thinking of selling in the next while you may not want to rush out to get your assessment lowered. I know it is not the same as an appraised value...but I also know that banks, for example, will use it as an indicator of value. So just a caution....a high assessment might be your friend once in a while.