Assessments
A reassessment of all property classes is required by provincial legislation at least every four years so that property values are more up-to-date, accurate and fair; 2025 is a provincial reassessment year and the starting point to determine your property tax for the next four years.
2025 Assessment Roll Now Open
The 2025 Assessment Roll, a listing of all properties in Buena Vista, is available for public inspection from
February 21 to May 20, 2025.
Monday to Friday (excluding civic holidays & weekends) 9:00am - 12:00pm and 1:00 - 5:00pm
2025 Assessment Roll
Review your 2025 Assessment Notice to see your property's previous and new assessed value.
Ask questions: Contact our office if you need clarification or have questions about your tax class or the information we have on file on your property.
File an appeal before the deadline: If you still disagree or feel that an error was made in determining your 2025 reassessed property value, you may submit a formal appeal with applicable fees to the Board of Revision by May 20, 2025. *Please note the only time of year you can make an assessment appeal is while the role is open.* Assessment Appeals Guide for Citizens
RESIDENTIAL PROPERTY 2025 REVALUATION INFO SHEET
COMMERCIAL PROPERTY 2025 REVALUATION INFO SHEET
AGRICULTURAL LAND (ARABLE) 2025 REVALUATION INFO SHEET
For further information on assessment factors and how SAMA determines assessed values visit
SAMA's website by clicking HERE.
The 2025 reassessment of all property types in Buena Vista was calculated using the legislated base date of January 1, 2023. Sales of properties similar to your prior to this date were examined using what's called a mass appraisal approach. This approach ensures comparable properties are assessed similarly. The majority of your residential property's assessed value comes from five factors: location, lot size, living area, age of property and quality of construction. A SAMA assessor analyzes comparable property sales to determine what characteristics add or subtract value to your home.
The property reassessment process ensures that all Buena Vista property owners pay their share of municipal and provincial education property tax. Owners of properties with similar values pay similar property tax. The education tax collected by the Village is remitted to the Province.
Assessment of all properties is a way of equitably distributing the tax load. Your property's assessed value forms the starting point for the calculation of your property tax; owners of properties with similar values pay similar property tax. Your property's 2025 reassessed value will be used as the starting point to calculate your property tax for the years 2025 to 2028 and will remain in place until the next provincially legislated reassessment of all property types, or until there is a change such as improvements).
Across the board, replacement costs increased this revaluation due to increased cost of materials and labour. That said, sale prices have overall remained fairly stable. The Market Adjustment Factor (MAF) compares sale prices to replacement cost categories. Essentially, assessments of residential properties in our area have not increased significantly in response to the relatively significant increase of materials and labour thanks to lower MAF.
For the 2025 Reassessment, the average assessment saw a reduction of 1%. Improved commercial assessments have seen an increase ad previously they were clustered with other municipalities, now only Buena Vista and Regina Beach commercial sales are used to value commercial properties as their sales showed higher values than the cluster. Quality 5 and 6 homes for the most part will see slight increases due to sales evidence. Arable and pastureland has increased by 40%. Saskatchewan farmland had the greatest increase in value across the country, with consistently strong increases in the market over the 4 years leading through their analysis of agricultural land sales.
Is the assessed value on my Assessment Notice, the value I would sell my property for today?
No, it is not. The assessed value of your property is calculated for taxation purposes only. It's an estimate based on sold properties in your market area as of the legislated base date of January 1, 2023. Sales that occurred after this valuation date cannot be considered in the 2025 reassessment as per legislation. Provincial legislation states that properties in Saskatchewan are reassessed every four years.
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SAMA (Saskatchewan Assessment Management Agency
In order for the municipality to calculate property
taxes Saskatchewan Assessment Management Agency (SAMA) is responsible for
providing municipalities in Saskatchewan with the assessed values of land
and improvements (buildings) . SAMA conducts revaluations based on a four-year cycle.
Municipal
assessment rolls must be confirmed by the agency for tax enforcement purposes,
and once confirmed the roll is valid and binding on all parties. Once a roll is
confirmed, the Certificate of Confirmation is provided to the municipality and
a copy is posted to the SAMA website.
How Property Assessment Works in Saskatchewan
SAMA Contact Info:
Phone: 306-924-8000 or 1-800-667-7262
Email:info.request@sama.sk.ca
Website:www.sama.sk.ca
Property Assessment Does Not Equal Property Tax
SAMA's role in determining assessed value for properties is just the first part of a process established by provincial legislation. The second part is application of provincial government established tax policy, such as property classes and percentage of value, and statutory exemptions. The third and final part of the process involves municipalities annually determining the local mill rate based on local budget needs. The province sets the mill rate for the education sector. Municipalities then multiply the taxable assessment by the local mill rate to produce property tax levies, also shown as your property tax notice.
SAMAView
SAMAView is a website application that allows the general public access to
individual property assessment for all SAMA client jurisdictions.
SAMAView
for Public Users
SAMAView
- Creating a Public User Account
Municipal Role in Assessment
Council is responsible for:
Deciding
what type of board of revision will serve the municipality best. The Village of Buena Vista uses a District Board of Revision.
Appointing members to the board of
revision early in the year – The Village of Buena Vista makes a resolution appointing members to the board in January of each year.
Setting the term of office of each
member of the board of revision
Ensuring that its appointed board of
revision is certified before any property assessment appeal is heard.
The
Administrator is the assessor unless Council has appointed another employee.
Duties of the assessor include:
Preparing the roll on or before May 1st
Submit an accurate maintenance list to
the assessment provider (Saskatchewan Assessment Management Agency - SAMA)
Incorporate changes in assessment
received for the year from the assessment provider
Ensure all roll information is
accurate
Apply any exemptions
Calculate the taxable assessment using
the percentage of value set by the province
Advertising in the Gazette and in a
local newspaper, that the assessment roll is open for inspection within 15 days
of completing the roll
Correcting the roll for the current
year when an error is discovered and the roll is closed
