Regina Property Tax Calculator 2020
Regina property tax is based on the assessed value of your home. Every four years, Regina assess properties based on guidelines set by the Saskatchewan Assessment Management Agency (SAMA),and the year on which the assessments are determined is called the “base date.”
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.
2020 Tax Rates for Cities Near Regina
| City | Final Tax rate |
|---|---|
| Saskatoon | 0.781000 % |
| Prince Albert | 1.149300 % |
Property Tax in Saskatchewan
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.
There are two main parts to a property tax:
- A municipal tax that depends on the municipality of the property
- An education tax that may change from municipality to municipality
Some cities may add additional taxes.
Regina Property Tax Rates from 2010 to 2020
| Residential Property Tax Rate for Regina from 2018 to 2020 | |||
|---|---|---|---|
| Year | Municipal Rate | Educational Rate | Final Tax Rate |
| 2020 | 0.837161% | 0.412000% | 0.912581% |
| 2019 | 0.810810% | 0.412000% | 0.884095% |
| 2018 | 0.777159% | 0.412000% | 0.849148% |
| Regina at a Glance | |
|---|---|
| Province | Saskatchewan |
| Settled | 1882 |
| Established | 1883 |
| Incorporated | 1903 |
| Population | 215,106 |
| City Area | 179.97 km 2 (69.5 sq mi) |
Property Taxes in Saskatchewan for a $500K Saskatchewan Assessed Value Home*
Assessed Value of a Property
The Saskatchewan Assessment Management Agency (SAMA) revalues property every four years, and the year on which the assessments are determined is called the “base date.” SAMA uses a system that calculates the value based on long-term values and avoids taking into account short-term market fluctuations, and thus their assessment may be different from the market prices which are immediate and based on fluctuating market conditions.
Property Taxes in Saskatchewan for a $500K Saskatchewan Assessed Value Home*
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.