MPAC analyzes property sales in your community to establish your property's assessed value. Five major features usually account for 85% of the value: location; lot dimension; living area; age of structure and quality of construction. Other features that could affect value include: number of bathrooms; fireplaces; finished basements; garages, pools and site features. Check out the MPAC website for more info.
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Buying and Selling Residential, Condominium and Investment real estate in the Waterloo Region since 2008. Oh, and also Ottawa! :-D