Your property assessment is probably going to surprise you

Alright, Calgary, let's talk about those property assessments. You know, the ones that show up in your mailbox and make you either feel like a king or like you need to start drilling for oil in your backyard. This week, some of the big numbers hitting the books really showcase the unique nature of our city's assets.

According to the latest Civic Intelligence Monitor data, collected on May 2nd, 2026, we're seeing some pretty hefty valuations for our public lands. Take Canada Olympic Park, for instance, it's sitting at an average assessed value of $56,093,333 across three properties. And Nose Hill Park? That sprawling beauty averages $40,863,286 for its seven properties. For real though, these aren't just parks; they're massive chunks of our city's identity and green space, and their valuations reflect that.

This all comes as the City's open data portal shows 20 commercial and new construction permits were issued this week. That's a good clip of development, showing the city's still growing and changing. These big property assessments for public land, alongside new permits, show where the city's value is being found, and where new value is being created. It's a reminder of the scale of what we call home. Keep an eye on how these assessments influence future city budgets and development plans.

This is Calgary — we've seen the boom, we've seen the bust, and we showed up anyway.

Cassidy Redcloud, MiTL Sports Desk.

You can bet Keith and the gang are already breaking this down over at mornings.live.