Edmonton's proposed 2027–2030 budget, released November 2, 2026, raises the residential property tax levy 4.9% in 2027 — that works out to about $42.96 more per $100,000 of assessed value, or roughly $215 a year on a $500,000 home before assessment changes. At the same time, Alberta's education property tax cut takes roughly $95 a year off that same $500,000 home. Here is the honest combined math, and what it means if you are buying or selling in Edmonton this winter.
The proposed numbers, in one table
Source: City of Edmonton proposed 2027–2030 budget, released November 2, 2026, as summarized by the Edmonton Chamber of Commerce (November 2, 2026). These are proposed figures — council deliberates in December and approves by December 18, 2026.
| Residential tax levy increase, 2027: | +4.9% (down from the 5.6% originally projected) |
| Residential increase, 2028 / 2029 / 2030: | +4.7% / +4.5% / +3.9% |
| 2027 cost per $100,000 assessed — residential: | +$42.96 |
| 2027 cost per $100,000 assessed — non-residential: | +$124.08 |
| Capital budget, 2027–2030: | $6.3 billion, with $2.3 billion to renewing existing infrastructure |
City Manager Eddie Robar called it a "not sexy," back-to-basics budget (City of Edmonton, November 2, 2026) — most of the capital plan goes to renewing the roughly $40 billion in infrastructure the city already owns rather than to new projects. Presentations start November 23, 2026, with a public hearing November 23–24, 2026, so the numbers above can still move before the December vote.
What 4.9% means on your actual home
The levy increase is only half your bill's movement — your assessment is the other half. Using the City of Edmonton's proposed 2027 figure of $42.96 per $100,000 assessed (Edmonton Chamber of Commerce, November 2, 2026):
- A $400,000 home: about $172 more in 2027, if its assessed value stayed flat.
- A $500,000 home: about $215 more in 2027, on the same flat-assessment assumption.
- An $800,000 home: about $344 more in 2027.
If your assessed value also rises, your bill rises by more than the levy percentage; if it falls, by less. That is the single most misunderstood part of property tax season in Edmonton: a 4.9% levy increase does not mean every bill goes up exactly 4.9%.
The other line on your bill just went down
Your Edmonton tax notice has two main parts: the municipal levy above, and the provincial education property tax. On October 30, 2026, Alberta announced it is cutting the residential education property tax rate from $2.84 to $2.65 per $1,000 of assessed value and freezing it for three years. On a $500,000 home with an unchanged assessment, that cut is worth about $95 a year (FactsMtr analysis, November 1, 2026).
Two cautions keep that honest. First, the freeze locks the rate, not the bill — if your assessment rises, your education tax can still rise. Second, put the two moves together on that $500,000 home and the combined 2027 picture is roughly $215 more municipal minus roughly $95 less provincial: about $120 a year more, before any assessment change. A cut on one line, a bigger increase on the other — that is the real story of Edmonton property taxes in 2027.
What this means if you're buying
Property tax is a carrying cost your lender counts. When you qualify for a mortgage, the tax figure on the listing feeds your debt-service ratios, and a rising tax trend is a reason to look at the full monthly picture — mortgage payment, taxes, heat, and condo fees where they apply — instead of the payment alone. Homes assessed well below their sale price can also see a catch-up reassessment after purchase, which surprises buyers who budgeted off the seller's last tax bill.
Start here: create a free account to see new Edmonton listings the day they hit the market, save searches and get new-listing alerts at bridgerealtygroup.ca. I am a licensed Mortgage Broker as well as a Realtor, so the pre-approval and the true monthly cost happen in the same conversation. Want me to walk you through it? Call 780-720-8240 or register and I will call you.
What this means if you're selling
Buyers do this math now, especially move-up buyers comparing your home against a newer one. A clean, current picture of your taxes — and a price set from what actually sold on your street, not from asking prices — keeps your home out of the "carrying costs are a mystery" pile. If you are selling in 2027, knowing your likely assessment and tax position before you list is part of pricing properly.
Get a real number here: the Home Evaluation page at bridgerealtygroup.ca (https://bridgerealtygroup.ca/home-evaluation) — what is my home worth, run against what is actually selling around it. Book a call about selling: 780-720-8240.
Frequently asked questions
How much are Edmonton property taxes going up in 2027?
The City of Edmonton's proposed 2027–2030 budget (released November 2, 2026) raises the residential levy 4.9% in 2027 — about $42.96 per $100,000 of assessed value. Council still has to approve it in December 2026, and your individual bill also depends on your home's assessed value.
How much is the Alberta education property tax cut worth?
Alberta cut the residential education property tax rate from $2.84 to $2.65 per $1,000 assessed (announced October 30, 2026). On a $500,000 home with an unchanged assessment, that is about $95 a year (FactsMtr, November 1, 2026). The three-year freeze locks the rate, not the bill.
When is Edmonton's 2027 budget final?
Administration presents the proposed budget starting November 23, 2026, with a public hearing November 23–24, 2026, deliberations in December, and approval expected by December 18, 2026 (City of Edmonton, November 2, 2026).
Do higher property taxes affect how much mortgage I can get in Edmonton?
Yes. Lenders include property tax in the monthly housing costs they test against your income, so a higher tax bill slightly reduces the mortgage amount you qualify for. A pre-approval built on the real tax figure for the home you are buying avoids surprises at the offer stage.
Planning a move in 2027?
Tax changes do not decide whether you move — your street's sold numbers and your real monthly costs do. Call me and I will run both with you.
By Travis Bannert, Realtor and Mortgage Broker
Travis Bannert, Realtor® | Bridge Realty Group, Maxwell Progressive Realty
780-720-8240 · bridgerealtygroup.ca
As a licensed Mortgage Broker with BFL Dominion Lending Centres, I can line up your pre-approval in the same conversation.
See Bridge Realty Group first on Google — add us as a Preferred Source: https://www.google.com/preferences/source?q=bridgerealtygroup.ca
Sources: City of Edmonton proposed 2027–2030 budget, November 2, 2026; Edmonton Chamber of Commerce response, November 2, 2026; Government of Alberta education property tax announcement, October 30, 2026; FactsMtr analysis, November 1, 2026.
Photo: Edmonton skyline (Wikimedia Commons, credited).
