Assessment Services is responsible for the assessment of all real and personal property in the province, excluding property in the City of Winnipeg, delivered through 10 District Offices. The City of Winnipeg is responsible for property assessment services in Winnipeg.
In Manitoba, property is assessed at market value in accordance with The Municipal Assessment Act. Market value is the most probable selling price of the property had it been sold by a willing buyer to a willing seller. Regular reassessments ensure that property assessments keep pace with real estate market conditions, and taxes are distributed fairly to property owners.
Property in Manitoba is grouped into 10 property classes on the basis of use, and a portion of the assessment is taxed. Property classes and the portion of assessment that is taxed is established by regulation under The Municipal Assessment Act.