The total assessment value of all structures located on a property, as determined following the rules and regulations set out in legislation and in the Saskatchewan Assessment Manual . Used in the Cost Approach to Value. Building Quality 

Understand Your Assessment /

The common descriptor that identifies a property. It usually includes a building number and street name. Adjusted Price (Adjusted Sale Price)

This term usually refers to the exterior balcony on an apartment.  It is similar to an exterior deck except that it is raised and accessed from the suite. Bare Land Condominium

Municipal Mill Rate  X

1000 =

A form of legal ownership of a building and property, consisting of two parts: The first part includes common property, such as roads, parking spaces, recreational facilities, elevators and lawns. Each owner owns a proportionate share of the common property. The second part, called a unit, is owned by and registered in the name of the purchaser of [..]

Loss of value from any cause. DRCN (also known as Replacement Cost New Less Depreciation)

See Provincial Education Property Tax

Under provincial legislation or the approval of City Council, a property may have a portion or all of its assessment not used to calculate annual property taxes. Statutory exemptions are provided in provincial legislation for properties such as hospitals, schools and places of public worship. F