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    Houses for Sale in Barrie, ON

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

    Right now, there are 617 available for purchase. On average, houses here are selling within 24 days on market. Strata.ca data indicates that Barrie's housing market is currently in favour of buyers.

    What are some of the most popular neighbourhoods?

    It's hardly surprising that Holly, Painswick South and Ardagh are Barrie's most popular neighbourhoods. 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?

    Barrie's most priciest neighbourhoods are Bayshore, South Shore and North Shore - Barrie. Neighbourhoods are ranked by assessing the average sold price during the past 12 months, and compared to all of the other neighbourhoods in the city. If you're looking for value, Barrie's priciest neighbourhoods may not be ideal. Instead, check out Edgehill Drive, Holly and Sunnidale for other alternatives.

    What are the cheapest neighbourhoods for houses?

    Barrie's cheapest neighbourhoods are Sanford, 400 North and Queen's Park. Strata.ca determines this by looking at the average sold price for the past year. Many properties in Barrie's least expensive neighbourhoods are selling below the city's average of $816,122.

    How do property taxes work in Barrie?

    Homeownership in Barrie comes with a number of expenses, one of them being property taxes. This tax helps fund many local services, such as snow removal, fire protection, and much more. The municipality is responsible for assessing properties and determining its property tax rate, which typically land between 0.5 and 2.5%. Barrie homebuyers will often assume that the bigger the house, the more they'll pay. But this isn't necessarily true as the tax rate is multiplied by the home's current market value, which can change year-to-year based on recently sold properties. For example, if the assessed market value of a house is $750,000 and the property tax rate is 0.5% - the homeowner would pay $3,750 to their municipality that year.

    What is the best source for Barrie real estate listings?

    The go-to website for your Barrie real estate search is Strata.ca, which showcases every property available, so you'll never miss an opportunity. Want more than just listings' Strata.ca also offers historical data and property-ranking capabilities that other sites don't have. And the best part - it's all presented in a user-friendly way, making it easy to find your dream home.

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

    Barrie has a walk score of 18, meaning most errands and travel within the city will require a car. And with a transit score of 24, this city is very limited in its public transportation options. And the bike score comes in at 43.

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

    All buyers must pay a series of closing costs when purchasing a house here. Your realtor and/or real estate agent can best advise on what these charges are. But here's a quick overview of what's involved when buying property in Barrie. At Strata, we advise our buyer clients to get a good estimate of closing costs early on. These costs can range anywhere from 1.5% - 2% of the overall purchase price. So consider a purchase price of $500,000 - 2% on that is $10,000 which should be accounted for upfront. The land transfer tax will make up most of your closing costs. In Canada, all buyers are subject to the LTT imposed by the province. If you're a first-time homebuyer, however, you could be eligible for a government rebate to bring down these costs. And lastly, buying Barrie real estate will require a lawyer you can trust. You'll need to find someone who specializes in this as they'll be finalizing your purchase. Be sure to put aside $2,000 to cover the cost of your real estate lawyer, although legal fees can vary.