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Assessment and Taxation

2025 Residential Preview Program

The 2025 Residential Preview Program has ended.

Preview Program Timeline
January 11, 2024 Preview Letters mailed to most Residential Property Owners
January 15, 2024 – March 8, 2024 Telephone appointments available with Assessment staff
May 13, 2024 2025 Assessed Values available on website
June 5, 2024 2025 Assessment Notices mailed to all Property Owners

Residential Preview Letters

On January 11, 2024, the Assessment and Taxation Department will be sending out preview letters in order to advise residential property owners what their preliminary assessed value will be for 2025. The 2025 assessed values will be based on market values as at April 1, 2023 and it will come into effect for the 2025 tax year

Please note, the values proposed are preliminary and may be subject to change.

2025 Assessed Values

On May 13, 2024, property owners can view their 2025 assessed values on the website using the following methods:

On June 5, 2024 the 2025 Assessment notices will be mailed to all property owners.

Additional information

FAQs

Why is the City sending out residential preview letters?

As part of the 2025 General Assessment, preliminary assessed values have been established for residential property types including single-family and condominium properties. The residential preview letters provide property owners an opportunity to preview their proposed assessed values for 2025.

What is the Reference Date?

The Provincially mandated reference date for the 2025 General Assessment is April 1, 2023. In other words, the 2025 market value represents the expected selling price of that property on April 1, 2023.

What is the median residential market value change from 2023 General Assessment to 2025 General Assessment?

The median assessed value increase for residential property types range from 4% to 13% depending on market region.

How will the change in my assessment affect my 2025 property taxes?

The 2025 tax rates are unknown until early 2025. This is when City Council, the school divisions, and the Province of Manitoba set their various budgets and resulting tax rates are calculated. 2025 tax bills mailed out in May 2025 will indicate tax amounts based on these rates.

It is important to remember that an increase in the market value of a specific property does not necessarily result in a proportionate increase in the level of property taxes.

How do I access residential sales information?

Self Service – Residential sales information provides access to residential sales information.

I was unable to make a telephone appointment but have questions about my proposed assessed value?

If there are no telephone appointments available or the telephone appointment period has ended, please wait until you receive your 2025 assessment notice in June 2024. At that time, you can speak to assessment staff by contacting 311. Property owners may also file for a formal review of the 2025 Assessment through the Board of Revision between June 5 and July 2, 2024.

Last update: March 6, 2024

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