Realty Board of Revision
The Municipal Assessment Act provides that every two years all properties in the City of Winnipeg are reassessed utilizing an updated reference date. An assessment is the City's estimate of the value of your property as of a specific date. The Provincial Municipal Assessment Act requires the City to assess all property in Winnipeg so it can fairly and equitably divide the property tax it must raise. The Assessment and Taxation Department's objective is to ensure equity by valuing all similar properties in the same way so each property owner pays a fair share of the property tax.
Property is assessed at its market value, or the price the property (land and buildings) could normally sell for on the real estate market as of the reference date. The reference date is April 1 of the year two years before the general assessment year. The Provincially mandated reference date for the 2018 General Assessment is April 1, 2016. In other words, the 2018 (and 2019) market value represents the expected selling price of that property on April 1, 2016.
In a year of reassessment (years 2016 and 2018 for example) all property owners will receive an Assessment Notice. In the intervening years, Assessment Notices may only be sent out for properties that have undergone a change (ownership, improvement, addition, etc.) and have been reassessed accordingly.
It is important to note that the property owners may file an application for revision along with the appropriate non-refundable filing fee for any year within the time frame allowed for filing an application for revision as is legislated by the Provincial Municipal Assessment Act and as is advertised by the Board of Revision.
If you think your assessment is incorrect, or if you have any questions, please contact 311 to communicate with the Assessment and Taxation Department.
You may file an application for revision along with the appropriate non-refundable filing fee, with the Board of Revision as outlined in your Assessment Notice.