Blog by Michael Giesbrecht

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Homeowner Grant

The basic homeowner's grant is $570, as long as the assessed value of your home is less than $950,000.  If you are a senior or a veteran or if you are physically challenged, you may receive an additional $275.  The grant is reduced by $5 for every additional $1000 your home is assessed above $950,000. If your home is worth over $1,060,000 there is no homeowner grant for you.  Seniors lose the grant if their home is assessed higher than $1,120,000.



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