Town of Banff

Assessment Rolls

How Properties are Assessed

Assessment and taxation are regulated by the provincial government. If you would like to learn more, you can pick up "A Guide to Property Assessment and Taxation in Alberta" at Banff Town Hall (110 Bear Street). Call 403.762.1230 for more information about the Guide.

Residential Property Assessment

Your residential property is assessed at its approximate market value (the amount a property would sell for on the open market).

Market value is determined annually by an experienced assessor hired by the Town of Banff.  The assessor tracks sales in Banff and uses this information to estimate the market value of your home compared with other properties that have sold.  The assessor also keeps track of renovations that may increase the value of your property. 

If you would like the assessor to inspect your property, call 403.678.0972.

Commercial Property Assessment

Commercial property is assessed using the Income Approach.  First, the Town of Banff appraiser calculates a Net Operating Income for the property.  This is calculated by determining the potential gross annual income of a property, then subtracting a typical vacancy allowance, management fees and structural maintenance costs.

The Net Operating Income is then divided by a Capitalization Rate (9% for retail and industrial properties and 10.5% for hotel properties), and the result is the market value assessment for the property.

Assessment Rolls

The Assessment Roll is a list of all properties along with their current assessed value as determined annually by our assessor. 

The assessment rolls below have been modified to allow for posting on the website.  The complete assessment roll is available for viewing at Banff Town Hall, Monday to Friday from 8:30 a.m. until 4:30 p.m.

• Town of Banff 2011 Assessment Roll ( PDF - 945 kb)
  
• Town of Banff 2010 Assessment Roll ( PDF - 1 MB)
  
• Town of Banff 2009 Assessment Roll ( PDF - 1 MB)
  
• Town of Banff 2008 Assessment Roll ( PDF - 2 MB)
• Town of Banff 2007 Assessment Roll ( PDF - 129 kb)
• Town of Banff 2006 Assessment Roll ( PDF - 2 MB)
• Town of Banff 2005 Assessment Roll ( PDF - 1.9 MB)
• Town of Banff 2004 Assessment Roll ( PDF - 1.9 MB)
• Town of Banff 2003 Assessment Roll ( PDF - 1.6 MB)