Property assessments in the City of Medicine Hat reflect the market value of each property as of July 1, 2018 (and the condition of the property as of December 31, 2018) as required by the Municipal Government Act which is set in place by the Provincial Government. The assessments are prepared solely for municipal taxation purposes and should not be used as a proxy for a fee appraisal.
Improved non-residential properties in the city are primarily valued using the income approach to value. This valuation approach capitalizes a property’s stabilized, market typical net operating income to come up with an estimate of market value. The valuation formula for properties assessed using the income approach is:
Market Value = Net Operating Income ÷ Capitalization Rate
Assessment Request For Information (ARFI) Forms
Each year the City of Medicine Hat sends out Assessment Request for Information (ARFI) forms to non-residential properties in the City, alternatively called Request for Information (RFI) forms. The completion and return of these forms aids in the production of an accurate, fair, and equitable assessment roll each year. Completion of the forms is also mandated by the Municipal Government Act (MGA) and its associated regulations. Failure to complete the forms may result in the loss of the ability to appeal an assessment.
These forms are scheduled to be mailed in early May 2019.
Blank forms, tutorial videos and more detail can be found by clicking the following link:
Non-Residential (Commercial & Industrial) Assessment Methodology Documentation
- 2018 Assessment Year Non-Residential Methodology (PDF) - Note that for properties that are valued solely using the cost approach, this document does not apply. Please speak to an assessor for details on those properties.
- Neighbourhood Code Map (PDF)
Request Property Valuation Information
The assessment of every property in the city is publicly available in the following locations:
If you would like additional information on how your individual property assessment was prepared you can contact the Assessment Department at:
City of Medicine Hat Assessment
580 First Street SE
Medicine Hat, AB T1A 8E6
If you would like a hard copy of the valuation report for your property you must fill in the following form and return it to the Assessment Department. This request is free of charge.
- MGA Section 299 Form (PDF)
If you would like a hard copy of the valuation report for another property in the city you must fill in the following form and return it to the Assessment Department. There is a $40 fee for this request.
- MGA Section 300 Form (PDF)
Appeal Your Assessment
The appeal deadline is May 7, 2019. More information can be found by following the link below: