Living area and assessment value per square foot of residential properties by property type and period of construction for Hamilton CSD 2018

Frequency: Occasional Table: 46-10-0028-01 Release date: 2019-05-03 Geography: Province or territory, Census subdivision, Census metropolitan area, Census agglomeration The footnotes in the table are represented in brackets. 1) A residential property" refers to all land and structures intended for private occupancy whether on a permanent or a temporary basis." 2) The geographic boundaries used in this table are the 2018 census subdivisions boundaries. 3) All counts undergo random rounding, a process that transforms all raw counts into randomly rounded counts. This reduces the possibility of identifying individuals in the tabulations. Subtotals and totals may not exactly equal the sum of component parts due to system rounding. 4) Property type" refers to property characteristics and/or dwelling configuration on which there can be one or more residential structures. For the purpose of this table property type is restricted to the following: single-detached house semi-detached house 5) Period of construction" refers to the period in time during which the building or dwelling was originally constructed. This refers to the period in which the building was completed not the time of any later remodelling additions or conversions. For properties having multiple residential structures this refers to the period in which the most recent structure was completed." 6) Assessment value" refers to the assessed value of the property for the purposes of determining property taxes. It is important to note that the assessed value does not necessarily represent the market value. The assessment values in Nova Scotia and British Columbia are in 2017 dollars while the assessment values in Ontario are in 2016 dollars. Given that different provinces and territories have their own assessment periods and durations of the valuation roll it is difficult to make accurate comparisons of similar properties from one province or territory to another. For properties that are being utilized for both residential and non-residential purposes only the residential partitions' value has been taken into account." 7) Total living area" refers to the residential living space within a structure. For residential structures that have a basement the finished basement area is included in the total living area while unfinished basement area is not included." 8) Assessment value per square foot" refers to the assessment value of a property divided by its total living area." 9) Above-grade living area" refers to the living area of a residential property excluding basements and levels below grade." 10) A condominium apartment" refers to a set of living quarters that is owned individually, while land and common elements are held in joint ownership with others." Cite: Statistics Canada. Table 46-10-0028-01 Living area and assessment value per square foot of residential properties by property type and period of construction, provinces of Nova Scotia, Ontario and British Columbia https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=4610002801