Published February 4, 2021
Assessment Notices 2021
Assessment Notices were sent out a few weeks ago. That means your tax bill will arrive shortly.
You
should spend a few minutes reviewing your Assessment Notice. You have only a
few short weeks to appeal your assessment if you feel it necessary. Do nothing
and once the appeal date has passed you can no longer question your
notice. Visit the PVSC site
and using your assessment account number (AAN) and the PIN number on your
assessment notice you can review the detailed calculations regarding your
property assessment.
Understanding
Your Property Assessment Notice
The front page of your notice shows your property’s assessed value, capped assessment (if eligible for the Capped Assessment Program) and taxable assessed value (used to calculate your property taxes).
Download the Sample Guide 2021 Property Assessment Notice SampleGuide
The
back of the assessment notice includes five years of assessment values for your
property.
In
Nova Scotia, property assessments are based on the real estate market, one year
prior to the current year.
Property Assessment Process
Nova
Scotia property assessments are determined by professional and experienced PVSC
assessors. The assessors are trained to value all types of property.
Properties
are assessed at market value, which is the amount, you, a willing seller, would
receive for your property if it were purchased from a willing buyer on the open
market as of the ‘base date’. The base date is January 1st one year prior to
the date the assessment notice is mailed. For 2021 assessment notices the base
date is January 1, 2020.
Your
assessment reflects the physical state of your property as of December 1, for
the year prior to the date printed on your assessment notice. For example: for
2021, your assessment reflects the physical state of your property as of
December 1, 2020.
Appealing Your Property Assessment
All
property owners have the right to appeal their property assessment if they
disagree with the property assessment, ownership or classification of their
property.
If
you wish to appeal your property assessment, complete the appeal form located
on your assessment notice.
By
law your appeal MUST be received by the date specified on your assessment
notice.