Quispamsis Property Tax Calculator 2021

City of Quispamsis Flag

The Town of Quispamsis is located in the lower Kennebecasis River valley next to Rothesay and is home to over 17K residents. The population of Quispamsis increased by 2% from 2011 to 2016. Quispamsis' average home listing price is $210,000 as of March 2021, which is slightly higher than the average price for New Brunswick homes. Quispamsis' housing inventory significantly declined because of high demand and it is projected to be one of the most demanded neighborhoods of New Brunswick in 2021.

Assessment Value of the Property
2020 Property Tax Value
$12,06712k
2020 Residential Property Tax Rate
2.413300 %
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Quispamsis Property Taxes

Property tax is a tax based on the assessed value of a property. If you own a property or parcel of land, you will have to pay property tax. It is used to pay for city services such as police, the fire department, and public transit as well as elementary and secondary education.

Residential Property Tax Rate for Quispamsis from 2018 to 2020
YearMunicipal RateEducational RateFinal Tax Rate
20201.290000%1.123300%2.413300%
20191.290000%1.337300%2.627300%
2018 1.290000%1.337300%2.627300%
Based on city of Quispamsis official website:check source

Quispamsis 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 Quispamsis's property tax department through the following methods:

Quispamsis at a Glance
ProvinceNew Brunswick
Settled Year1857
Established Year1966
Incorporated Year 1982
Population 18,245
City Area57.21 km 2 (22.09 sq mi)

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

Property Taxes in Atlantic Canada for a $500K Assessed Value Home

Property Assessments in Atlantic Canada

Properties in Atlantic Canada are assessed by different organizations for each province.

Nova Scotia

For Nova Scotia, properties are assessed by the Property Valuation Services Corporation which mails out property assessment notices every year in January.

New Brunswick

For New Brunswick, properties are assessed by the province through Service New Brunswick (SNB) which mails out property assessment notices every year in October.

Prince Edward Island (PEI)

For PEI, properties are assessed by the province which mails out property assessment notices along with the property tax bill every year in May.

Newfoundland and Labrador

For Newfoundland and Labrador, properties are assessed by the Municipal Assessment Agency which mails out property assessment notices every year before September.

Most properties are assessed using a market value-based approach. There are three ways that uses to determine a property’s market value:

  1. Direct 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 Atlantic Canada for a $500K Assessed Value Home*

Property Taxes in Atlantic Canada for a $500K Assessed Value Home

How We Calculate Your Property Tax

If you entered your home's Provinical Assessment value, we calculate your property tax by multiplying your Assessment value by Quispamsis's final property tax rate.
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 porerty tax bill or contact the relevant taxation authority of your region.