Published December 19, 2024

BRENDA O’FARRELL
The 1019 Report

Real estate prices across the Vaudreuil-Soulanges region have been on a steady march upward since the COVID-19 pandemic, with sale prices of individual homes seeing substantial jumps in the last four years. But the overall increases in property values are coming into sharper focus as municipalities reveal the numbers contained in the new three-year valuation rolls being used to calculate tax bills for 2025.

The property value increases in municipalities across the region are hovering around 40 per cent, with St. Lazare seeing one of the largest, at 50 per cent. The result is adding billions of dollars to the region’s asset balance sheet.

The overall value of properties in St. Lazare, the second largest municipality in the region by population, has hit $5.7 billion, according to the new 2025-2027 valuation roll. That figure represents a $1.9-billion increase in the collective value of all properties in the town since 2020, when the last three-year roll that covered 2022-2024 was drafted, a jump of 50 per cent.

In Vaudreuil-Dorion, the largest municipality by population in the area, the overall value of properties now stands at $11.38 billion, according to the new roll. That is up 38.9 per cent from the $8.19 billion as outlined on the 2022-2024 roll.

In Hudson, the overall value of all properties in the town is now pegged at $2.2 billion, a 40.1-per-cent increase over the $1.58 billion in the 2022-2024 roll.

In all three municipalities, the rate of increase in residential properties compared with other categories, including vacant lots, commercial assets and agricultural holdings, saw the largest rate of increase.

The valuation rolls serve as one of the key tools in calculating municipal and school tax bills.

But a significant jump in a property’s value does not directly translate into an increase in taxes. Municipalities compensate for the increase by reducing their mill rate, the figure charged per $100 of valuation.

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