18
Jan
Yellowknife Real Estate: A Look Back At 2021
It will come as no surprise to anyone following our Yellowknife real estate market that, upon close review, 2021 turns out to have been a very busy year. The number of sales was up by …
Read This If You Live in a House in Downtown Yellowknife
Yesterday I discovered an interesting quirk in the City of Yellowknife’s property assessment system. If you own a house downtown and you use it purely for residential purposes, your land will be assessed at $95,000. But if you choose to operate a business out of your home, your assessment jumps up to $210,000. If you have purchased a home in the downtown area in the last seven years and you don’t currently have a business license attached to it, check your assessment. If it’s at $210,000, get in touch with the City.
