Property owners across New Brunswick should be checking their mailboxes this week. The provincial government has confirmed that the annual property assessment notices for the 2026 tax year are now in the mail.
What the Notices Contain
The mailed documents detail the assessed value of each property as determined by Service New Brunswick's Assessment Services. This valuation is a key component used by municipalities and the provincial government to calculate the property taxes owed for the coming year. The assessment reflects the property's estimated market value as of January 1, 2025.
It is a standard annual process, but one that homeowners and businesses should review carefully. The notice provides the official valuation that will form the basis for your tax bill. Residents are encouraged to open and examine their notice as soon as it arrives.
Reviewing Your Assessment and Next Steps
If a property owner believes the assessed value is inaccurate or does not reflect the property's true market value, there is a formal process to request a review. The first step is to contact a representative from Assessment Services to discuss the valuation. This can often resolve simple questions or errors.
Should the issue remain unresolved after this discussion, the property owner has the right to file a formal appeal. It is crucial for anyone considering this step to pay close attention to the deadlines for appeal, which are clearly printed on the assessment notice itself. Missing the deadline forfeits the right to challenge the valuation for the current tax year.
Why Accurate Assessments Matter
Accurate and fair property assessments are fundamental to the local funding model. Municipalities rely heavily on property tax revenue to fund essential services such as road maintenance, garbage collection, police and fire protection, and community programs. A consistent and equitable assessment system ensures the tax burden is distributed fairly among all property owners based on the value of their assets.
Homeowners with questions about their notice or the process are advised to visit the Service New Brunswick website for detailed information and contact details for Assessment Services. Keeping informed and addressing concerns promptly is the best way to ensure your property is taxed correctly.
