Winnipeg property taxes are  calculated by applying both the municipal and school mill rates to 45% of a property’s assessed value. Properties are assessed every two years based on market conditions. The property taxes cover municipal services and education, with bills mailed between May and July. 

Aspects of Winnipeg Property Taxes

• Assessed Value: The City estimates your home's market value, which is updated every two years. Only a percentage of the market value is taxable. For residential properties this is 45%.

• Mill Rates: These are tax rates per $1,000 of portioned assessment, composed of Municipal and Provincial Education rates.

• Local Improvements: These are alterations you pay the City to make in your area. They can be initiated either by an area’s resident or the City.

• Frontage Levy: These are extra charges based on the amount of feet your property fronts a street where sewer and/or water mains have been placed.

• Homeowners Affordability Tax Credit (HATC): Homeowners may receive a credit (up to a max of $1500 in 2025) to reduce school taxes.

• Appeals: If you disagree with your property assessment, you have the right to appeal. 

Important Information

• 2025 Assessment: The 2025 general assessment saw an average value increase of approximately 9.5% over 2023 values.

• Tax Increases: Your specific tax increase depends on how your property’s assessed value changed relative to the city wide average.

• Payment Options: Taxes can be paid in full or via installment plans through the TIPPs program.