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Brandon Property Tax Calculator 2020

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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.

Assessment Value of the Property
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2020 Property Tax Value
$6,8296.83k
2020 Residential Property Tax Rate
3.034900 %

2020   Tax Rates for Cities Near Brandon

City Final Tax rate
Winnipeg2.752300 %

Property Tax in Manitoba

The property tax in Manitoba is made out of four parts:

  1. A municipal rate that is different for each municipality
  2. A provincial Education Rate that is the same for all municipalities
  3. A School Division Rate that is different for each municipality
  4. 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.

Brandon Property Tax Rates from 2010 to 2020

Brandon Property Tax Rates from 2010 to 2020
Residential Property Tax Rate for Brandon from 2018 to 2020
YearMunicipal RateEducational RateFinal Tax Rate
20201.564100%1.470800%3.034900%
20191.603500%1.499000%3.102500%
2018 1.584900%1.504800%3.089700%
Based on city of Brandon official website: Check Source
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Brandon at a Glance
ProvinceManitoba
Settled1879
Established1881
Incorporated1882
Population48,859
City Area77.41 km 2 (29.89 sq mi)

Property Taxes in Manitoba for a $500K Manitoba Assessed Value Home*

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:

  1. Sales Comparison Approach
  2. 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.

  3. Cost Approach
  4. 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.

  5. Income Approach
  6. 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.

Property Taxes in Manitoba for a $500K Manitoba Assessed Value Home*

Property Taxes in Manitoba for a $500K Manitoba Assessed Value Home
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Save over $10,000 on your mortgage.
2.79%*5-Year Fixed

Lower than the Major Banks

* For mortgages of at least $500,000 with down payment under 20%.
WOWA assumes no liability for the accuracy of information presented.
† For mortgages of at least $500,000 over a 25-year amortization period.

Property Tax of Other Cities in Manitoba

This calculator is provided for general information purposes only. This calculation may not include any special charges, levies or fees. Results are approximations only. For official and the most up-to-date information, please see your property tax bill or contact the relevant taxation authority of your region.