About the Property Assessment Roll (or Triennial Roll)
The 2022-2023-2024 property assessment roll is a summary of the inventory of buildings on the territory of a municipality.
It indicates the value of each property based on its actual value and market conditions on July 1, 2020. Once established, this value is used to determin the municipal taxation.
Note that this value does not necessarily reflect the market value of your property, notably because it refers to a past date.
Value of a lot and value of a Building
view the assessment roll or assessment notice for your property, you will see that a distinction is made between the value of the lot and the value of the building. This distinction is not important for calculating municipal taxes. To find out more about how the value of a residential property is determined:
Determination of the value of a lot and a residential building (in French), 107 KB
Video explaining the property assessment roll
Highlights of the 2022-2023-2024 municipal assessment roll
- Effective date: January 1, 2022
- Date of reference: July 1, 2020
- Average increase in property values compared to the previous assessment roll: 19.2%
- Percentage of buildings designated residential within city limits: 76.7%
- Average increase in the value of single-family homes: 22.3%
- Average value of a single-family home: $441,000
Did you know that...
in general, the tabling of a new assessment roll has little impact on property taxes paid by taxpayers?
taxation rate is determined not only on the basis of real estate values. It also reflects the annual budgetary choices that city council makes based on the cost of services and the needs of the population. In addition, variations in value are spread out over three years in Laval.
However, if an increase in property value is higher than the average value of a building in the same category, it is possible that the tax increase will be higher than average. The opposite is also true.