Valuation Roll
The valuation roll represents the inventory of all properties on the island of Montreal, indicating the quantity, the characteristics and the value of each property. It covers all residential, commercial, industrial, institutional and agricultural properties. As the assessment of properties within the City of Westmount is the responsibility of the agglomeration of Montreal, the valuation roll is prepared by the Direction de l’évaluation foncière de la Ville de Montréal.
You can consult the property assessment roll for the years 2023-2024-2025 of the City of Westmount by visiting Ville de Montréal‘s website or by clicking on the button below.
Ville de Montréal processes applications for review of the assessment roll of all buildings across the entire Montreal agglomeration including Westmount.
>> Click here for more information on the review of the assessment roll process.
Some renovations or improvements will not necessarily increase the value of your property by an amount equal to their cost.
For instance, spending $10,000 to renovate your basement will not automatically result in a $10,000 increase in the value of your property.
Regular maintenance work such as replacing the roof, repaving the driveway, applying a few coats of paint or changing a carpet does not increase the value of your property.
The assessor uses three approaches: the comparison, the cost and the income.
The Comparison Approach
This approach is used to determine the most probable selling price of a given property by comparing it to similar properties that have been sold.
The Cost Approach
This approach is used to determine the most probable selling price of a given property by adding a property’s land value to the depreciated cost of the building. This cost is obtained by subtracting depreciation from the current replacement cost new which includes labour and materials.
The Income Approach
This approach is used to determine the most probable selling price of a given property by capitalizing its net operating Income at a rate stemming from similar type properties that have been sold.
The new valuation role, which comes into effect on January 1, 2023, is valid for 2023, 2024 and 2025. It is the basis for your property tax bills for these three years.