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2017-2020 Property Assessment Update for North Perth Property Owners

Every property owner in North Perth will receive a Property Assessment Notice from the Municipal Property Assessment Corporation (MPAC) updating the value of their property. Your 2016 notice reflects the assessed value and classification (e.g., residential, business, farm) of your property as of January 1, 2016. The assessment will be applied to the 2017-2020 property tax years. Increases in value will be phased-in over the next four tax years, while decreases will be introduced immediately in 2017. To learn more about how increases is assessed value are phased-in, watch this MPAC YouTube video: Understanding Phase-In.

2016 notices for North Perth property owners were mailed on the below dates:

  • Residential property notices mailed May 24, 2016
  • Farm property notices mailed October 11, 2016
  • Multi-Partition Residential property notices mailed October 24, 2016
  • Business property notices mailed October 28, 2016 

How does MPAC assess properties?

To assess your property, MPAC analyzes property sales in your area. This method is called Current Value Assessment. For residential properties, the five main factors that account for the majority of your property's value include location, lot dimension, living area, age of property (adjusted for major renovations/additions) and quality of construction. For farm properties, MPAC looks at farmland, residence, residence land, farm outbuildings, and other buildings.

To learn more about how residential and farm properties are assessed, watch these MPAC YouTube videos:

Farm property owners can get more information to help them understand their assessment by viewing MPAC's new Farm Brochure

How are property taxes impacted?

The value of your property assessment does not directly impact the amount of property tax you will pay between 2017-2020. Your taxes are relative to other North Perth property owners' reassessed property values. Reassessments affect the way the tax levy is allocated among the various properties and property tax classes in the municipality (e.g., residential, commercial, industrial, farm, and managed forest). To learn more about how your property taxes are calculated, watch this MPAC YouTube video: How Your Property Tax is Calculated

What if I don't agree with MPAC's assessed value?

When reviewing your property assessment, confirm the assessed value by considering if you could have sold your property for that amount on January 1, 2016. If the answer is no, you can appeal your assessment by filing a Request for Reconsideration (RfR) to MPAC. As of 2016, property owners will have 120 days from the Issue Date of their Property Assessment Notice to file an RfR.

The deadline to file an RfR will be printed on your Property Assessment Notice. To learn more about the RfR process, watch this MPAC YouTube video: The Request for Reconsideration Process

2017 Request for Reconsideration Form for Residential Properties

2017 Request for Reconsideration Form for Non-Residential Properties

How do I learn more?

If you want to learn more about how your property was assessed, see what information MPAC has on file, as well as compare your property to others in your neighbourhood, you can log on to the online self-service application AboutMyProperty.ca.

Farm property owners can also now view market trends and county maps showing the rates per acre and percentage increases for farms on AboutMyProperty.ca.You can login to AboutMyProperty.ca using the roll number and special access key that is on your assessment notice.

If you have any other questions about MPAC or your 2016 Property Assessment Notice, you can visit the MPAC website or call MPAC toll free at 1-866-296-6722.

Proactive Property Assessment Review

Property taxation is North Perth's largest source of revenue. This revenue is used to fund expenditures and capital projects. Increases in municipal responsibilities and decreases in provincial funding have resulted in additional financial pressures on municipalities. To address these pressures, municipalities are increasingly looking at assessment base management to make sure of the accuracy and stability of the assessment base used for property taxation purposes.

The County of Perth, in collaboration with North Perth, Perth South, Perth East and West Perth, will be employing the services of an independent property tax assessment consultant to review property assessments in all member municipalities. The purpose of this review is to make sure that the property taxation system is fair and equitable. This will be done through the analysis of the property assessment roll to identify and correct property values or classifications.