Winnipeg Property Tax Calculator 2023
The City of Winnipeg is the capital city of Manitoba and is located along the Red River and Assiniboine River. Winnipeg is home to over 749K residents, and the population of Winnipeg increased by 6.3% from 2016 to 2021. Winnipeg real estate prices increased by 4.2% from August 2022 to August 2023, with the average sold price of a house being $383K in August 2023. The average sold price of a detached house increased by 4.1%, and that of a condo increased by 4.6% in the same period. Property taxes in Winnipeg are usually due by June 30 of every year. The city completed a reassessment of property values for 2023 based on their market values as of April 1, 2021.
Winnipeg property tax is based on the assessed value of your home. Every two years, Winnipeg 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.
I know my home’s Assessment value
I Don't Know My Home's Assessed Value
2023 Tax rates for Cities Near Winnipeg
| City | Final Tax Rate |
|---|---|
| Steinbach | 2.568600 % |
| Brandon | 2.930000 % |
Winnipeg 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 Winnipeg from 2010 to 2023 | |||
|---|---|---|---|
| Year | Municipal Rate | Educational Rate | Final Tax Rate |
| 2023 | 1.290000% | 1.353900% | 2.643900% |
| 2022 | 1.346800% | 1.454700% | 2.801500% |
| 2021 | 1.316100% | 1.458300% | 2.774400% |
| 2020 | 1.286100% | 1.466200% | 2.752300% |
| 2019 | 1.329000% | 1.513000% | 2.842000% |
| 2018 | 1.298700% | 1.476200% | 2.774900% |
| 2017 | 1.306300% | 1.501200% | 2.807500% |
| 2016 | 1.276600% | 1.444800% | 2.721400% |
| 2015 | 1.368200% | 1.559800% | 2.928000% |
| 2014 | 1.337200% | 1.510900% | 2.848100% |
| 2013 | 1.460000% | 1.672400% | 3.132400% |
| 2012 | 1.405600% | 1.566800% | 2.972400% |
| 2011 | 1.529500% | 1.645100% | 3.174600% |
| 2010 | 1.529500% | 1.645100% | 3.174600% |
Winnipeg 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 Winnipeg's property tax department through the following methods:
| Phone number | General (within municipality limits): 311 General (outside municipality limits): 204-986-1311 Property Tax Department: 1-877-311-4974 |
|---|---|
| Contact Form | Winnipeg Property Tax Department Information |
Winnipeg 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 Winnipeg's property tax department through the following methods:
| Phone number |
|---|
General (within municipality limits): 311 General (outside municipality limits): 204-986-1311 Property Tax Department: 1-877-311-4974 |
| Contact Form |
| Winnipeg Property Tax Department Information |
| Winnipeg at a Glance | |
|---|---|
| Province | Manitoba |
| Settled Year | 1738 |
| Established Year | 1822 |
| Incorporated Year | 1873 |
| Population | 749,607 |
| City Area | 464.09 km 2 (179.19 sq mi) |
| Official Website | Winnipeg 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.
