Revaluation impacts assessed values of properties and assessed values are used to calculate property taxes. Learn more about revaluation by watching this short video.
Provincial legislation requires that the assessed value of all properties within Saskatchewan be updated every four years. This process is called revaluation. Property values change over time due to changing market conditions so it is important that the data that is available reflects these changes.
2025 was a revaluation year and property assessments were updated to reflect property values as of January 1, 2023.
To update the value of your home, City appraisers reviewed four years of sales transaction information in Prince Albert from January 1, 2019 to December 31, 2022. Different sources of verification are done to ensure that the data used is most accurate.
Assessment Timeline for 2025
- Notice of Assessment Mailed – January 23, 2025
- Appeal Deadline – March 24, 2025
- Council determines Tax Policy – March/April 2025
- 2025 Property Tax Notices Mailed – May 2025
- Assessment Supplementary Roll Changes – July 2025 and October 2025
What does this mean for my property?
It means that the assessed value of your property might change and since the value of your property is one factor that influences your property tax rates, revaluation may impact property taxes. Some taxes will go up and some will go down depending on how much your property value increased or decreased compared to other properties in the City.
For example, over the last four years your property may have increased in value, but another property in another area of the city may have increased even more. In this case, even though your property is assessed higher than four years ago, it will not necessarily result in a higher tax bill. It all depends on the shifts in the local real-estate market for all properties in Prince Albert.
You can easily compare your assessment to similar properties in your market area or neighbourhood by using the online assessment tool at http://www.citypa.ca/assessment-online.
When will I know how it impacts property taxes?
Property tax rates will only be finalized in April 2025. Watch for your Property Tax Notice in May 2025.
Assessment Models
The information below will provide you with more detailed assessment documentation for each of the City of Prince Albert’s assessment models which form the basis of your updated assessment.
Residential Model Summary
Condominium Model Summary
Multi-Residential Model Summary
Commercial Model Summary
The Assessment Map shows the different neighbourhoods for the residential and condominium models.
Appealing Your Assessment
If you feel there is an error in your property assessment as a result of your review, contact us first. Most assessment related questions can be resolved by speaking with an assessor, with no formal appeal process required.
To formally file an appeal to your property assessment you must file a formal notice of appeal within 60 days of receiving your assessment notice.
Tax agents/representatives who wants information or discuss the valuation about a property (as representing the owner/s), are required to fill out a Letter of Authorization for each property to allow the City of Prince Albert to release information about the property. This form needs to be filled out and provided to assessment before contacting an assessor. Please download the form here.
