Joel DyckReal Broker SK Ltd.
Saskatoon · From the topic map

Will Saskatoon's property tax system get reformed?

There is no reform underway, because Saskatoon's system already rebuilds itself on a schedule. The Saskatchewan Assessment Management Agency reassesses all residential property on a multi-year cycle, and the City of Saskatoon sets a new mill rate every year based on its budget, so the numbers behind your bill already change on a set timeline.

A reassessment year is usually the one that generates the most questions, since a jump in assessed value can look like a tax increase even when the City lowers the mill rate to offset it. The two numbers move independently and both matter to the final bill.

Provincial rules, including the 80 percent residential percentage of value applied to assessed value before taxation, are set at the legislature rather than by the City of Saskatoon, so a change there would come from the province, not from a municipal reform process.

For a seller, the more useful question is usually what the current assessment means for holding costs while the home is listed, not whether the structure itself will change. Get your hand-reviewed valuation from Joel Dyck.

Get your hand-reviewed valuation from Joel Dyck.

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