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    Houses for Sale in Aurora, ON

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    What is the current state of the real estate market for houses in Aurora? Is it a buyer's or seller's market?

    Narrowing down your search criteria will help as there are currently 172 available on the market today. Houses in this location are sitting on the market for an average of 19 days. At the moment, Strata.ca data shows the market for Aurora houses is not leaning heavily in favour of buyers or sellers - it's fairly balanced.

    What are some of the most popular neighbourhoods?

    Aurora's most popular neighbourhoods are Aurora Highlands, Rural Aurora and Bayview Northeast. We assess how much interest there is for a neighbourhood by looking at various statistics. Popularity is typically determined by assessing the following - the average sale price, average number of days that a home sits on market, plus the proportion of homes that have sold over asking.

    What are the most expensive neighbourhoods for houses?

    Aurora's most priciest neighbourhoods are Hills of St. Andrew, Aurora Estates and Bayview Southeast | White Rose. We isolate these neighbourhoods by looking at the average sold price over a set period of time. Not everyone can afford a home in Aurora's priciest neighbourhoods. But Bayview Northeast, Aurora Village and Rural Aurora offer incredible value at a much lower cost.

    What are the cheapest neighbourhoods for houses?

    You may be surprised to discover that Bayview Wellington, Aurora Grove and Aurora Heights are Aurora's most affordable neighbourhoods. Strata.ca assesses historical data to determine the average sale price for every neighbourhood. For context, it's important to note that Aurora's average house price is $1,669,569.

    How do property taxes work in Aurora?

    One of the carrying costs associated with homeownership in Aurora is your property tax. This tax is crucial in providing local residents with essential services, including garbage collection, fire protection and policing. Property tax rates are assessed and determined annually by your municipality. They usually fall somewhere between 0.5 to 2.5%. Some Aurora residents assume they'll pay more in taxes, depending on the size of their home. However, that's not necessarily true as the city's tax rate is multiplied by the property's current market value - and that can change each year based on the sale of nearby homes. Let's say your home's assessed market value is $600,000 and the municipality's property tax rate is 1% - that year you'd pay $6,000.

    What is the best source for Aurora real estate listings?

    Strata.ca features all listings in Aurora, updated multiple times daily - you won't ever miss a property when using this platform. But why settle for basic property details when you could unlock Aurora's real estate history! With Strata.ca, you can also get historical data on every property in Aurora. You'll have all the intel you need to outsmart the local real estate market.

    What is the Walk Score, Transit Score and Bike Score like?

    Aurora has a walk score of 41, so it's more convenient to run errands with a car. And with a transit score of 37, this area offers a smaller network of public transportation. For cyclists, the neighbourhood offers a bike score of 48, meaning there is limited bike infrastructure.

    What are the typical closing costs for purchasing a house in Aurora?

    When purchasing a house in Aurora, you must budget for a series of charges known as 'closing costs'. These costs are necessary in order to finalize your purchase, so be sure to factor them in before making an offer. Buyers are not allowed to roll closing costs into their mortgage. So be prepared to budget anywhere up to 2% of the purchase price. For instance, 2% on a $600,000 house in Aurora would require $12,000 to be set aside for closing day. All buyers are subject to the province's land transfer tax. If you're a first-time homebuyer, however, you could be eligible for a government rebate to bring down these costs. A real estate lawyer is necessary to finalize any purchase in Aurora, so you'll want to include their fees in your closing costs. Real estate lawyers have varying rates, but many agents will recommend you budget about $2,000 to cover their fees.