Assessment Forms and Information Requests

Assessment Services requests information from property owners to ensure that property assessments are accurate and up-to-date.
 
  • Income and expense information is requested from owners of investment properties annually.
  • Cost of construction information is requested from all property owners who have recently constructed new buildings.
  • Sale transactions of all properties in Manitoba are used to establish market value assessments. For this reason, it is necessary that information regarding sale detail and property characteristics is accurately recorded.
 
If you own an investment property or have recently constructed a new building or have recently purchased a property, you can download information request forms and submit them to Assessment Services.
 
Please click on the applicable link below for the forms you require.
 
 

FREQUENTLY ASKED QUESTIONS

Income and Expense Request FAQ’s 

 
 
 
 
 
 

Cost of Construction Request FAQ’s 

 
 
 
 

Sales Verification FAQ’s 

 
 
 
 
 
 
 
1. What is the income approach method to valuation of property?
 
The income approach is one of the three approaches to valuation of property. A common method of determining the market value of investment properties is through the capitalization of the net operating income. The net operating income is the gross revenue generated by the property minus typical operating expenses.

2. Why does Assessment Services request income and expense information from me about my property?
 
A common method for estimating market value of an investment property (e.g. apartments, offices, malls, hotels, etc.) is the income approach. In order to use this method, we need to analyse income and expenses related to investment properties. This information is collected on an annual basis so that we can produce accurate assessments.

3. Is the income and expense information I provide to Assessment Services kept confidential?
 
The information provided by you is held in confidence by Assessment Services. Information collected by Assessment Services is protected from unauthorized disclosure under the provisions of Manitoba’s Freedom of Information and Protection of Privacy Act.

4. How do I know if Assessment Services has the most up-to-date income for my property?
 
You can find out if your income information is up-to-date by:
 

5. What happens if I choose not to provide income and expense information to Assessment Services?
 
The receipt of income and expense information from property owners is essential to producing accurate and equitable assessments on investment property. The authority for this request is found in The Municipal Assessment Act, Section 16. Because this information is crucial to determine correct and fair assessments, the Act also outlines penalties for not providing it. If no information is returned and you subsequently appeal your assessment, any reduction in assessment will not take effect until the following year. Should you present different financial information to the Board of Revision or Municipal Board than what you provided us, it may not be considered by the board unless there is a compelling argument to do so.

6. Why does Assessment Services request that I provide cost of construction information relating to my property?
 
Assessment Services compiles data on the cost of new construction in Manitoba in order to ensure that the costs of materials and labour used in determining assessments are up to date and accurate. To do this we rely on information from owners who have recently built new structures.

7. Is the cost of construction information I provide to Assessment Services kept confidential?
 
The information provided by you or your contractor is held in confidence by Assessment Services. Information collected by Assessment Services is protected from unauthorized disclosure under the provisions of Manitoba’s Freedom of Information and Protection of Privacy Act.

8. What happens if I choose not to provide cost of construction information to Assessment Services?
 
The authority for this request is found in The Municipal Assessment Act, Section 16. Because this information is crucial to fair taxation, the Act also outlines penalties for not providing it. If no information is returned and you subsequently appeal your assessment, the burden of proof at the hearing is on the applicant on all matters at issue.
 
 
9. Why does Assessment Services request that I provide sales transaction information for my property?
 
Sale transactions of all properties in Manitoba are used to establish market value assessments. These assessments are used by your municipality and school division to equitably distribute property taxes.  For this reason, it is necessary that information regarding sale detail and property characteristics is accurately recorded.
 
 
10. What is the sales comparison approach method to valuation of property? 
 
The sales comparison approach is one of the three approaches to valuation of property. The sales comparison approach utilizes property sales information to estimate the value of
unsold properties. Assessment Services receives the records of all sales of property from
the Land Titles Office. Properties where sales have occurred are checked by staff to ensure
that: (a) the amount of the sale value is correct; (b) there are no unusual circumstances
surrounding the sale; and (c) the information on file accurately reflects the land/building
characteristics which existed at the time of purchase. Sales that are “non-valid”
are excluded from the sales analysis. Examples of sales which may be non-valid are family
sales, mortgage sales, and estate sales. 
 
11. What happens if I choose not to provide sales verification information to Assessment Services? 
 
The authority for this request is found in The Municipal Assessment Act, Section 16. Because this information is crucial to fair taxation, the Act also outlines penalties for not providing it. If no information is returned and you subsequently appeal your assessment, the burden of proof at the hearing is on the applicant on all matters at issue.
 
 
12. How do I know if Assessment Services has the most up-to-date sale information for my property?
 
You can find out if your income information is up-to-date by:

       or