| Rickard Realty Advisors Inc. reviews
and appeals both business and property tax assessments.
This has been our mainstay since the company began in
Calgary, Alberta in 1983. Our mission is, for a professional
fee, to pursue fairness and equity in municipal taxation.
After years of assessment reviews and thousands of appeals
our expertise in western Canada is amongst the best.
Our team of dedicated technical and professional people
are highly experienced in sourcing the causes of the
inaccuracies and presenting the information which results
in favourable amendments being made.
We examine nearby assessments of similar properties
and review the market value of the property in question,
often formulating technical arguments involving our
expertise and the assistance of special experts. The
taxpayer is entitled to the lower of either, an assessment
derived from the market value of the property (i.e.,
the price a willing buyer would pay a willing seller,
neither party being under any duress) or the assessment
of other similar nearby properties. In the world of
the assessment, where the value is set by one government
institution and then reviewed for oversights by another
government department, the Courts have upheld that the
taxpayer is entitled to the benefit of any doubt between
the two characteristics of value. “Similar properties
research” is aided by access to both our extensive
in -house assessment records and professionally available
electronic data bases.
Market value of a property in a mass appraisal system
is calculated by admittedly rough measures designed
to treat everyone evenly, if not precisely. North American
assessment systems have become driven by computer analysis
and statistical testing. Both the adage that “one
cannot fight City Hall” and the level of competence
required to master the mass appraisal system deters
the average person and results in assessment appeals
of ± 2%. This in turn creates the impression
that “the system” operates at 98% efficiency
and one more reason to accept the assessment as is.
Expertise in this daunting field comes from first-hand
experience with thousands of properties, reviewing the
assessments and appealing where warranted. Our successful
appeals add to the body of knowledge. The constant monitoring
of appeal decisions shows us that greater assessment
precision is available to the professional and discerning
eye.
Adding to our team approach, local expertise, and oversight
precedents is the affiliation with various experts from
other jurisdictions. Rickard Realty Advisors Inc. and,
in turn our clients, benefit from affiliations in most
of Canada’s provinces and some of the states in
the USA. Also, maintaining memberships in organizations
like the Canadian Property Tax Association and the Appraisal
Institute of Canada brings a wealth of knowledge and
expertise to bear on assessment challenges.
Our services can be paid for in the traditional hourly
rate method or as a percentage of the recouped taxes.
The combination of successful appeals and a professional
relationship with the assessment community has resulted
in many repeat clients. We see this communication process
as paramount to our success.
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