The provincial government mandates SAMA to conduct periodic revaluations of all Saskatchewan properties every four years to coincide with the change to a new base date. The current revaluation was completed in 2017 using the 2015 base date. The next revaluation is to be done in 2021.
When a revaluation is completed, SAMA provides new values to each of our clients.
Provincial legislation requires municipalities to use these values when determining taxes.
The most recent revaluation was implemented in 2017 using a January 1, 2015 base date. This revaluation seeks to stabilize the assessment system from a governance perspective by not introducing any major changes to assessment policy. SAMA introduced a simplification of the cost approach for residential property to increase efficiency, and to reflect more of an industry standard approach.
For more detailed information on the 2017 Revaluation, see the following resources:
- December 20, 2016 Media Release - SAMA and the 2017 Revaluation
- A Look Ahead to 2017 Brochure
- Residential Cost Simplification Summary for the 2017 Revaluation
- 2017-2020 Revaluation Publications (Manuals and Guides)
- SAMA's 2016 Annual Meeting Presentations
- Market Value Standard Requirement and Quality Assurance Standard Reports
The following Information Sheets explain how specific types of property are assessed for the 2017 Revaluation:
- #1 Understanding Assessment
- #2 Residential Property
- #3 Commercial Property
- #4 Resort Property
- #5 Golf Courses
- #6 Agricultural Land (Arable)
- #7 Agricultural Land (Pasture)
- #8 Heavy Industrial Property
- #9 Oil and Gas Equipment
- #10 Mining Equipment