Saskatoon’s 2025 assessment shows residential property values increase by 13 per cent average

In Saskatoon, residential property value has gone up by a 13 per cent average, while the average commercial property has decreased by two per cent, according to the city’s 2025 property assessment.

Bryce Trew, Sasaktoon’s city assessor, said this does not mean property taxes are going up by 13 per cent, and property tax rather depends on its relation to the property average.

“If your property’s assessed value changed more than 13 per cent from 2024 to 2025 then your share of property tax will increase,” he said.

“If it increased less than 13 per cent your share of property tax will decrease, (and) if your property’s residential assessment changed exactly 13 per cent  your property tax will remain the same.”

Bryce Trew, the Saskatoon city assessor says the average residential property value will increase by 13 per cent. (Mia Holowaychuk/650 CKOM)

Trew said newer areas in Saskatoon will see the highest increase in property value.

“If you look online and look at residential listings over the last five (to) six years, you’ve seen a significant increase and push to that exterior,” he said.

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The top five neighbourhoods that will see increases in property assessments are Brighton, Aspen Ridge, Stonebridge, Elk Point and Montgomery Place.

On the other hand, the top five areas that are seeing a decrease in property assessments are Kelsey-Woodlawn, Caswell Hill, Meadowgreen, Mayfair and Mount Royal.

The city of Saskatoon sent 2025 Reassessment Notices to 100,000 property owners earlier this week.

Trew said property owners can use the city’s online property tax tool to verify property assessment information and understand the impact of their reassessment.

Individuals can also use an online property tax estimator to gauge how much 2025 property taxes will cost.

“We encourage property owners to reach out to an assessor if they have questions, we can discuss and go over your property’s characteristics and make sure that we have everything accurate,” Trew said.

If property owners still disagree with their 2025 assessment, assessments can be appealed prior to March 28.

The city reassesses properties every four years. In 2021, residential properties on average went down by about seven per cent, while the value of a typical commercial property value went up about eight per cent.