Market value is the reason people say that real estate is a safe investment. A property's market value determines its selling price in the real estate industry. Since the value of real estate properties generally appreciates over time, it is indeed quite an investment. If you own a property in Edmonton and would like to get its value assessed, here are some tips:
 

Contact the city office's surveyor and assessor departments. Have your property assessed and measured by accredited officials from the local office. They will inform you of documents you need to prepare like land titles if you need to have your property authenticated. Keep in mind that these officials are performing two kinds of assessments; one for the land's value and another for the worth of any building or house built on the property.

Call up your real estate broker. This is the time to use your broker's connections. With the results of your property assessment, he or she can find out what is the current Edmonton market value standard for a property like yours. If you intend to sell your property, mark the price around the market standard or a slightly higher. Too high markups can make potential customers back off while pricing a lot lower can cause people to doubt about the quality of your property.

File your assessment results and market value evaluations properly. Label each by year and if possible, attach notes with remarks as to why the results are like that. Remember that property valuations also depend on current real estate and economic trends so keep track of these changes.