Nov 09 2025, Partly Cloudy, 20ºC
Revaluation
Revaluation Definition:
Revaluation occurs every four years, as legislated by the Provincial Government, to update property values. 2025 is a revaluation year and the next revaluation will take place in 2029.
Frequently Asked Questions
What is Assessment?
Assessment is the process of placing value on a property (meaning land and/or any buildings or structures).
What is Revaluation?
Over time, the value of your property changes. Legislation in Saskatchewan requires revaluations to be completed every four (4) years to reflect those changes.
What does Revaluation mean for me?
It means that the assessed value of your property might change based on market changes in the four (4) years prior to the base date.
Why is the Assessed Value of my property not market value?
It’s important to understand that the property assessment identified on your current Assessment Notice reflects mass appraisal standards for the years prior to January 1st of the base date. Currently, the base date is January 1st, 2023. This means that 2019, 2020, 2021 & 2022 are the years from which the data is derived.
Why is a comparable house in my neighborhood assessed different than mine?
There are several characteristics that determine value. For instance, the square footage, lot size, age, basement area, garage area, porch or deck area and many more. Other aspects of your property, like the overall condition, neighborhood, renovations and more can also affect the value.
What am I supposed to do with my Assessment Notice?
The Assessment Notice is to notify you of your Assessed Value and is an annual method of checking your information:
- Titled Ownership information.
- The Property Type.
- The spelling of your name.
- The mailing address.
- The school support allocation on your property.
How will my property tax be impacted?
Revaluation is an update to all values. Property Tax is based on the annual city budget. The change in your property value does not affect city budget. It is the City’s budget decisions that could increase or decrease the actual tax bill.
When will I know what my actual tax bill is?
Tax notices generally go out by June of each year.
What if I want to appeal my assessment?
Should the assessed value of your property be a concern, there is an appeal time frame of 30 days in a non-revaluation year and 60 days in a revaluation year. The appeal period begins on the date the Assessment Notice is mailed and ends at 4:30 pm on the last day of the 30-day or 60-day window. See: Appeals
How does an appeal work?
Should there be a concern with your assessment, you are required to speak to an Assessor. It is the role and primary function of the Assessor to correct any error upon finding it. Should the Assessor be unable to find an error and you still have a concern, please see Appeals to move forward.