Weyburn’s commitment to ensuring availability of adequate housing options is providing area employers with a competitive edge in attracting employees. Weyburn is proactively addressing the challenges of rapid expansion and development and is in position to effectively manage the infrastructure and service demands of growth without interruption to the pace of development.
Click here to see the 2017 Building Department Annual Report distributed by the City of Weyburn
The City of Weyburn has developed an attractive business climate for housing developers resulting in an increase in housing starts and availability, giving area employers an advantage in attracting employees. Currently, there are three new residential neighbourhoods under development.
- Average monthly rent: $763
- Apartment vacancy rate: 20.2%
Source: Mortgage & Housing Corporation – Rental Market Report, January 2017
Property Tax Gap
In 2016, Saskatchewan’s cities had an average municipal property tax gap of 2.38. The average commercial property tax bill for a property valued at $200,000 was $5,192. According to the Canadian Federation of Independent Business (CFIB), Weyburn has the 6th lowest municipal property tax gap in comparison to other Saskatchewan municipalities. The table below features the 2016 Municipal property tax gaps and municipal taxes for $200,000 of assessed value.
Source: CFIB calculations based on 2016 property tax data from Government of Saskatchewan, Ministry of Government Relations.
|Municipality||2016 Municipal residential property taxes per $200,000||2016 Municipal commercial property taxes per $200,000||2016 Municipal property tax gap|