City of Saskatoon 2025 Assessment Roll: Highlights, Key Findings

The City of Saskatoon issued 2025 Reassessment Notices to more than 100,000 property owners via mail earlier this week along with an informative guide.

The 2025 Assessment Roll, a listing of all properties in Saskatoon, is open for public inspection from January 27 to March 28, 2025. This timeframe also marks the 60-Day Customer Review Period in which property owners may formally appeal their property’s assessed value in 2025.

“As a result of the 2025 Reassessment, the average residential property’s assessed value in Saskatoon will increase by 13%,” Bryce Trew, City Assessor says. “Important to note, this does not mean your residential property tax will go up 13%. If your property’s assessed value changed more than 13% from 2024 to 2025, then your share of property tax will increase. If it increased less than 13%, your share of property tax will decrease.

 “We encourage property owners to review their property’s new 2025 assessed value and their property’s characteristics on our website by using the online Property Assessment and Tax Tool or if they prefer, to contact us if they’d like to review the information we have on file about their property. We are here to help property owners who would like to connect with us by email, phone or in-person by appointment,” Trew adds.

Highlights of the 2025 Assessment Roll:                         

• The total value of the 2025 Taxable Assessment Roll is 47.2 billion, compared to 43.1 billion in 2024 as a result of the 2025 reassessment.
  • Commercial Assessment accounts for 9 billion (approx. 3,400 properties)
  • Residential Assessment accounts for 34.2 billion (approx. 93,000 properties)

• The typical residential property assessed value in Saskatoon increased 13% and the typical non-residential (commercial) property assessed value decreased 2%. (In the last reassessment cycle, the residential tax class decreased 7% and the commercial tax class increased 8%.)

• • Note: If a property owner had an assessment value increase of 13%, this does not mean their property tax will increase 13%.

Key Findings from the 2025 Assessment Roll by Assessment Sub-Groups

• Residential Tax Classes: The average assessment value increase for this tax class, is 13%.
• Single-Family Residential value increased 13% (Median Assessment is 394,200)
• Residential Condominium value increased 5% (Median Assessment is 216,500) 
• Multi-Family value increased 24% (Median Assessment is 1,966,000)

Commercial Tax Classes: The average assessment value increase for this tax class, is –2%.

• Retail value decreased 10% (Median Assessment is 1,393,600)
• Office value decreased 17% (Median Assessment is 1,325,000)
• Industrial value increased 10% (Median Assessment is 1,502,550)
• Hotel value decreased 13% (Median Assessment is 8,549,600)

Helpful Online Resources for Property Owners

Property Assessment & Tax Tool: Review the characteristics the City has on file about your property, check other assessments in your area, review market area sales, historical tax information and more.

Revenue Neutral 2025 Property Tax Estimator: Preview an estimate of the change in your 2025 property tax as a result of the 2025 Reassessment. The estimate shown is not your final property tax amount; it does not include 2025 budget changes, or yet to be approved tax policy decisions to be set by City Council and the Province in March and April. Property owners will receive their 2025 Property Tax notice by mail in May 2025.

Questions? We’re here to help.

Email: assessmentsubmit@saskatoon.ca

Mail: City of Saskatoon, Assessment & Valuation 222 - 3rd Avenue North, Saskatoon, SK S7K 0J5

Phone: Call 306-975-3227 for questions or to book an in-person appointment Monday to Friday, 8:00 a.m. to 5:00 p.m.

Visit saskatoon.ca/assessment for more information including helpful videos and guides.