Brandon Property Tax Calculator 2023
The City of Brandon is located along the Assiniboine River in the Westman Region and is home to over 51K residents. The population of Brandon increased by 5% from 2016 to 2021. Brandon‘s real estate market consists of a variety of property types, including single-family detached houses, duplexes, attached houses, condominiums, and mobile homes. The average price of residential homes (including detached homes, semi-detached homes, townhouses, and duplexes) in Brandon in the month of August 2023 was $287K. Meanwhile, the average price of condos in the same month was $337K. The city of Brandon offers discounts to homeowners for early payment of taxes. The discount is based on the month in which the taxes are paid, starting from January. More information about the same can be found on the city’s website.
Brandon property tax is based on the assessed value of your home. Every two years, Brandon assess properties based on guidelines stated in The Municipal Assessment Act which takes into account factors such as location, market conditions, and size to estimate how much the property would reasonably sell for if listed on the open marketplace. There are ten classes of properties determined by The Classification Property and Portioned Values Regulation, and the class your property belongs to determines what percentage of its market value is taxable. The assessment is usually mailed out from May to July.
You can calculate your property tax using either your home's assessed value or your home's most recent market price. Just enter the price and type of your property, and we will give you an instant property tax estimate.
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2023 Tax rates for Cities Near Brandon
| City | Final Tax Rate |
|---|---|
| Winnipeg | 2.643900 % |
| Steinbach | 2.568600 % |
Brandon Property Taxes
The property tax in Manitoba is made out of four parts:
- A municipal rate that is different for each municipality
- A provincial Education Rate that is the same for all municipalities
- A School Division Rate that is different for each municipality
- Additional taxes for local services as needed
Every year, the education tax is set by the provincial Minister of Education while the rest is set by the City Council; the rates are expressed in mills based on how much revenue they predict to need to fund services, where 1 mill = 0.001.
Manitoba uses a portioned assessment system which was introduced in 1990 to distribute the taxes since market values increase at different rates for each class of property. Thus, each class of property will have a different sized portion of their assessed value that is taxable.
| Residential Property Tax Rate for Brandon from 2010 to 2023 | |||
|---|---|---|---|
| Year | Municipal Rate | Educational Rate | Final Tax Rate |
| 2023 | 1.555300% | 1.374700% | 2.930000% |
| 2022 | 1.577500% | 1.437000% | 3.014500% |
| 2021 | 1.548000% | 1.453000% | 3.001000% |
| 2020 | 1.564100% | 1.470800% | 3.034900% |
| 2019 | 1.603500% | 1.499000% | 3.102500% |
| 2018 | 1.584900% | 1.504800% | 3.089700% |
| 2017 | 1.600500% | 1.491000% | 3.091500% |
| 2016 | 1.585200% | 1.449700% | 3.049700% |
| 2015 | 1.766100% | 1.550600% | 3.316700% |
| 2014 | 1.758500% | 1.550400% | 3.308900% |
| 2013 | Not Available | Not Available | Not Available |
| 2012 | 1.907000% | 1.537900% | 3.444900% |
| 2011 | Not Available | Not Available | Not Available |
| 2010 | Not Available | Not Available | Not Available |
Brandon Property Tax Department Information
For any questions or inquiries about your property tax rate or property tax bill, you can reach out to the city of Brandon's property tax department through the following methods:
| Phone number | General (within municipality limits): 311 General (outside municipality limits): 204-729-2186 Property Tax Department: 204-729-2228 |
|---|---|
| taxes@brandon.ca |
Brandon Property Tax Department Information
For any questions or inquiries about your property tax rate or property tax bill, you can reach out to the city of Brandon's property tax department through the following methods:
| Phone number |
|---|
General (within municipality limits): 311 General (outside municipality limits): 204-729-2186 Property Tax Department: 204-729-2228 |
| taxes@brandon.ca |
| Brandon at a Glance | |
|---|---|
| Province | Manitoba |
| Settled Year | 1879 |
| Established Year | 1881 |
| Incorporated Year | 1882 |
| Population | 51,313 |
| City Area | 77.41 km 2 (29.89 sq mi) |
| Official Website | Brandon Official Website |
Property Taxes in Manitoba for a $500K Manitoba Assessed Value Home*
Assessed Value of a Property
Properties in Manitoba are assessed every two years by the district assessment office. Most properties are assessed using a market value-based approach. There are three ways to determine a property’s market value:
- Sales Comparison Approach
- Cost Approach
- Income Approach
Residential properties are valued under this approach. This compares the sales of similar properties in the assessment year to determine a valuation for the property. The assessed value may not equal the actual market value or sale value of a property.
Unique and rarely traded properties are valued under this approach. This uses the cost of the property if someone were to rebuild it to determine a valuation for the property minus depreciation due to age or other factors. This includes the price of the land and the price of all improvements (e.g. buildings) on top of it. While this takes into account the market value of the land, it does not consider the market value of the property as a whole.
For properties that are dedicated to generating income like rental properties or offices, an income-based approach is used. This approach uses the income generated by the property as well as the sales price to determine its assessed value.
