R.M. OF CANWOOD NO. 494
NOTICE OF PREPARATION OF ASSESSMENT ROLL 2025
The assessment roll (a list of all assessable property) is now open to inspection at the municipal office during office hours. All assessed property owners can review the assessment roll to make sure the information about their properties is accurate.
Assessment Notices have been mailed to all property owners as this is a revaluation year. Detailed Property Reports can be accessed on SAMAView (at the website listed below) or can be obtained from the municipal office.
https://www.sama.sk.ca/property-owner-services/assessments-online-samaview
Understanding Assessment
Saskatchewan has a full assessment revaluation every four years as required by provincial legislation. The current revaluation is for the years January 1, 2025, to December 31, 2028, with a base date of January 1, 2023. The legislated base date means that 2025 values reflect a property’s value as of January 1, 2023.
The Saskatchewan Assessment Management Agency (SAMA) determines the assessed value for properties in the rural municipality. The province establishes property classes, percentages of value and exemptions. Please visit the website listed below.
https://www.sama.sk.ca/property-owner-services/understanding-assessment
Assessment Appeal
If you believe you have identified an error after reviewing your Property Report, we want to hear from you. To appeal your assessment, you must prepare a notice of appeal form and submit it with $300 per assessment number to the municipal office. The form is on the reverse side of the assessment notice and can also be obtained from our website rmofcanwood.ca or the municipal office.
Property owners may be prompted to appeal their assessment because they feel the property taxes are too high. It is important to remember that you cannot appeal your taxes; you appeal your assessment.
Have questions?
Contact SAMA at 1-800-667-5203 or the Assessor at 306-468-2014 (RM).
Understanding Assessment
The Saskatchewan Assessment Management Agency (SAMA) determines the assessed value for properties in the rural municipality as part of a process established by provincial legislation. The province establishes property classes, percentages of value and exemptions. The province also sets the mill rate for the education sector. The final part of the process involves municipalities determining the local mill rate annually based on local budget needs. Municipalities then multiply the taxable assessment by the local mill rate* to produce property tax levies, also known as your Tax Notice.
Re-inspection
Implemented once every 12 years to update any physical changes to a property. SAMA physically inspects the properties to pick up any changes or new builds that may have been missed in the past. A re-inspection can occur at any time, and has nothing to do with revaluation.
https://www.sama.sk.ca/property-owner-services/understanding-assessment/reviews
Revaluation
Occurs every 4 years to update the market value of a property (no physical inspection of the property). SAMA receives information from ISC regarding all properties that have sold in the RM. When this information is received, SAMA then has to determine which of the sales were at arm’s length and which sales were fair market value. Following this step SAMA will then complete a market analysis to determine the new property assessments.
https://www.sama.sk.ca/property-owner-services/understanding-assessment/revaluations
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.