Ask a Canada Law Question, Get an Answer ASAP!
Is this for buy out purposes?
The property tax assessment is not appropriate. It will be much too low.
You have to have the property assessed by a professional assessor.
They will consider all the details about the house and provide an assessment that can even be used in court if necessary.
There are dozens and dozens to choose from. They are used for matrimonial cases every day as well as for many other legal and not legal issues.
You can google and speak to a few of them.
Or if you know a lawyer you can get a lawyer to suggest one for you.