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- SAMA conducts revaluations based on a four-year cycle. 2017 was the year of the last revaluation, and the 2021 Revaluation will see assessed values updated to reflect a new base date of January 1, 2019. The legislated base date means that 2021 values reflect a property's value as of January 1, 2019.
www.sama.sk.ca/sites/default/files/2021-02/2021 Revaluation Information Sheet 2 Residential Property.pdf2021 Revaluation - Information Sheet #2 Residential Property
Provincial legislation requires all properties in Saskatchewan be revalued once every four years. For the 2021 revaluation, the base date used for assessment values is January 1, 2019. This ensures assessed values are more current, as property values change over time.
- Property Taxes - Government of Saskatchewan
Municipal Property Tax . Municipalities (cities, towns,...
- Property Taxes - Government of Saskatchewan
Municipal Property Tax . Municipalities (cities, towns, villages, resort villages and rural municipalities) raise most of their revenue through property taxes.
The provincial government mandates SAMA to conduct periodic revaluations of all Saskatchewan properties every four years to coincide with the change to a new base date. The current revaluation was completed in 2021 using the 2019 base date. The next revaluation is to be done in 2025 using a 2023 base date.
SAMA conducts revaluations based on a four-year cycle. 2017 was the year of the last revaluation, and the 2021 Revaluation will see assessed values updated to reflect a new base date of January 1, 2019. The legislated base date means that 2021 values reflect a property's value as of January 1, 2019.
Saskatchewan uses three generally accepted appraisal techniques to value property in a Market Valuation Assessment (MVA) system: the cost approach, the sales comparison approach and the property income (rental) approach.
Jan 1, 2023 · The Government of Saskatchewan hasn’t yet announced the funding and tax policy for education property taxes. The Province will announce education property tax mill rates in spring 2025 when the provincial budget is set. Once the province announces these, the City will post the impact on Regina.ca.
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Feb 3, 2021 · Taxpayers are reminded that revaluations for 2021 property tax assessments in Saskatchewan are underway, with the largest municipalities having opened their tax rolls in January. As a result, the deadlines for appealing property tax assessment values in Saskatchewan are rapidly approaching.
