Leduc Property Tax Calculator 2020

Leduc-image
City of Leduc Flag

Leduc property tax is based on the assessed value of your home. Every year, Leduc assess properties based on guidelines set by the Alberta Assessment and Property Tax Policy Unit and the Ministry of Municipal Affairs

You can calculate your property tax using either your home's assessed value or your home's most recent market price. Just enter the price and type of your property, and we will give you an instant property tax estimate.

AB Assessment Value of the Property
attach_money
2019 Property Tax Value
$5,0675.07k
2019 Residential Property Tax Rate
1.013300 %
info

The City of Leduc has not yet released it's 2020 final property tax rates. Rates will be updated as soon as they are published.

2019   Tax Rates for Cities Near Leduc

City Final Tax rate
Edmonton0.908060 %
Calgary0.665400 %
Lethbridge1.129710 %

Property Tax in Alberta

Property tax is a tax based on the assessed value of a property. If you own a property or parcel of land, you will have to pay property tax. It is used to pay for city services such as police, the fire department, and public transit as well as elementary and secondary education.

There are two main parts to a property tax:

  • A municipal tax that depends on the municipality of the property
  • An education tax that may change from municipality to municipality

Some cities may add additional taxes.

Property tax rates also depend on the type of property. Common major categories are Residential, Multi-Residential, Commercial, Industrial and Farmland. Almost all homes will apply under Residential property tax rates.

Leduc Property Tax Rates from 2018 to 2020

Leduc Property Tax Rates from 2018 to 2020
Residential Property Tax Rate for Leduc from 2018 to 2020
YearMunicipal RateEducational RateFinal Tax Rate
2020Not AvailableNot AvailableNot Available
20190.742500%0.266900%1.013300%
2018 0.715500%0.255800%0.974600%
Based on city of Leduc official website: Check Source
Leduc at a Glance
ProvinceAlberta
Settled1889
Established1899
Incorporated1983
Population29,993
City Area42.44 km 2 (16.39 sq mi)

Property Taxes in Alberta for a $500K Alberta Assessed Value Home*

Property Taxes in Alberta for a $500K Alberta Assessed Value Home

Assessed Value of a Property

Properties in Alberta are assessed every year by municipalities according to guidelines by the Ministry of Municipal Affairs and the Alberta Assessment and Property Tax Policy Unit. This is different from BC and Ontario where property assessments are conducted by a provincial entity. Most properties are assessed using a market value-based approach. There are three ways that municipalities can use to determine a property’s market value:

1.Sales Comparison Approach

Most properties are valued under this approach. This compares the sales of similar properties in the assessment year to determine a valuation for the property. The assessed value may not equal the actual market value or sale value of a property.

2.Cost Approach

New properties are valued under this approach. This uses the cost of the property if someone were to rebuild it to determine a valuation for the property. This includes the price of the land and the price of all improvements (e.g. buildings) on top of it. While this takes into account the market value of the land, it does not consider the market value of the property as a whole.

3.Income Approach

For properties that are dedicated to generating income like rental properties or offices, an income-based approach is used. In these cases, it may not be possible to find recent sales of comparable properties. This approach uses the income generated by the property to determine its assessed value.

money
Save over $10,000 on your mortgage.
2.79%*5-Year Fixed

Lower than the Major Banks

* For mortgages of at least $500,000 with down payment under 20%.
WOWA assumes no liability for the accuracy of information presented.
† For mortgages of at least $500,000 over a 25-year amortization period.

This calculator is provided for general information purposes only. This calculation may not include any special charges, levies or fees. Results are approximations only. For official and the most up-to-date information, please see your property tax bill or contact the relevant taxation authority of your region.