Throughout the United States, the repercussions of the pandemic have been felt on real estate markets. And Montreal doesn’t spare by soaring prices. The impacts of this real estate overheating will be felt right up to property appraisal.

In this article, we present the purpose of this municipal assessment. The forecasts of Mr. McMahon, director of the Property Assessment Service.


Property assessment, what is it?

The real estate appraisal makes it possible to make the land inventory of a territory. It is carried out by the municipalities every three years. It is on the basis of the real value of a property. its probable market value. Municipal assessments allow cities to adjust their property taxes.

The information listed on a territory is listed in a document making it possible to describe the physical characteristics and use of each of the buildings, based on unit of assessment. Adjacent buildings of the same owner constitute a single unit of assessment.

Here is the information contained in the document called “Property Assessment Roll”:

  • The name of the owner.
  • The characteristics of the land (area, zoning, etc.).
  • The characteristics of the building (year of construction, number of floors, etc.).
  • The value of the land and the building.
  • The cadastral lot numbers.

The value determined during the nationwide property and appraisal services is then used as the basis for the calculation of municipal and school taxes. This amount is then multiplied by the tax rates determined by the local municipality and the school board.

The purpose of the property assessment roll is to fairly distribute the tax burden among all property owners. Depending on the municipality, the document may be available online on the city’s website. This is the case for Montreal.


A new role published this year 

The new property assessment roll applicable for the years 2023. 2024 and 2025 will be filed this year. It will inevitably be marks by the evolution of the real estate markets over the past three years.

In keeping with the real estate overheating, some houses and condos could see their value jump during this new property assessment. According to forecasts of Mr. McMahon, we can count on a 30% increase. However, the impact will vary from one borough to another.

Unlike the residential sector, which experienced a boom, the pandemic had an adverse effect on commercial real estate, particularly hotels and office buildings. Certain categories of commercial buildings could even experience a cap on their property value.

When the previous property assessment roll was publishes in 2019. the average increase reaches 13.7% in the Montreal agglomeration. The most significant increases notes in the boroughs of Verdun (19.8%). Sud-Ouest (17.1%), Plateau-Mont-Royal (16.7%) and Outremont (16. 3%).

We recently published an article on the evolution of real estate markets in the greater Montreal area during the year 2021. It will give you an idea of ​​the remarkable increase in the market value of properties in certain boroughs. But, overall, every Montrealer should expect an increase in their property taxes.


Land value and market value

In this article, we have told you that the property appraisal. It carries out because of the real value of the buildings. However, we remind you that, given the periodicity of the production of the roll, it is not relevant to refer to the municipal assessment in the event of the sale of your property.


Looking to have your property appraised?

Aipraiser can help you find a certified commercial real estate appraiser. By telling us about your project, we will put you in touch with the appropriate resource people, free of charge. Just fill out our form (in just a few minutes) and you can put in touch with experts.

Property management is an important activity for success in real estate. Whether it is to make an investment or simply to enjoy greater freedom, choosing a qualified manager who is attentive to your specific needs will allow you to benefit from greater peace of mind. The experience of our real estate appraiser near me allows us to establish sound management of the buildings or properties entrusted to us.

Our commercial real estate appraiser ensures that all tasks and obligations. It relates to the building under management. It carries out in accordance with the laws and regulations in force. The decisions takes with regard to the building comply with the regulations in force. that your property rights gets respect.

We always work in the interest of the building extension. the interest of its owner. Our work ensures that we find the most suitable solutions. There is reason to maintain and increase the value of the properties we manage.


What we can do for you

We offer a property management service for the following cases:

  • Single-family residential property
  • Multi-family residential property (2 units or more)
  • Commercial property of all kinds
  • Industrial property of all kinds

Our services tailored to your needs can range from a simple on-call service. There for your tenants to full building management on your behalf. It is important that you are confident with our management service. Just in order to create a harmonious business relationship.

We can also do:

  • rent collection,
  • the renewal and negotiation of leases,
  • negotiating and awarding contracts for maintenance and/or renovation work,
  • management of vacant buildings,
  • housing rental services with a tenant selection process,
  • disputes over property assessments,
  • and many other services.

In addition, we carry out the complete accounting management of the building, payment, and management of current, payable, and receivable accounts, as well as banking activities from our trust accounts.



The experience of our managers allows them to guide you in order to obtain. The most knowledgeable nationwide property and appraisal services. They offer you solutions to problems regularly encountered in real estate management.  such as the insurable fair value of a building or the value of rental rents. in the sector of your properties. Our managers ensure compliance with laws and regulations, site maintenance, and the financial health of the buildings under management. They also receive calls from occupants on a 24/7 availability in the event of an emergency.