Service New Brunswick (SNB) Property Assessment Services is mandated by the Assessment Act to classify and assess all real property in New Brunswick at its real and true (market) value. Market value is the price a property would likely sell for on the open real estate market on January 1 of the preceding year, assuming a typically informed buyer and seller under typical market conditions. In addition to market activity, factors impacting property values are location, age, condition, size and improvements to the property.
Note: the value of your property may increase due to market activity in your area, even if no physical improvements have been made to your property.
If you still want to proceed in requesting a review of your properties assessment value, please follow the steps below.