Overblown or on the money? Winnipeg reacts to proposed property assessments

Do you know how much your house is worth?Over the last few weeks, the City of Winnipeg mailed out 200,000 proposed property assessment letters for the 2027 tax year.Some residents say they’ve been caught off guard by big increases to the assessed value of their homes, saying they're concerned about potentially higher property taxes.Today, we unpack the high valuations, how the calculation is made and the process for contesting a city assessment, and hear what Winnipeggers think.