Houses for Sale in Billings, ON

Every city has its most in-demand neighbourhoods, and in Billings they are none available. We isolate these neighbourhoods by looking at various factors that convey an area's desirability. Some of these factors include the average sale price, how much time a property typically spends on market, and the number of homes that have sold over asking.

none available are Billings' most priciest neighbourhoods. The average sold price is able to tell us where a neighbourhood ranks in terms of cost. If you're looking for cheaper options though - none available also have great properties, but at much better value.

Billings' cheapest neighbourhoods are none available. Strata.ca determines this by looking at the average sold price for the past year. It should be noted that the average house in Billings typically sells for unknown.

Homeownership in Billings comes with a number of expenses, one of them being property taxes. This tax helps pay for a variety of services, including garbage collection and snow removal. Each year, your municipality will determine its property tax rate, which typically lands between 0.5 and 2.5%. Some Billings 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.

If you're seeking a new place to call home Billings, Strata.ca can help you. Our website lets you search for every property on the market. It's a one-stop-shop for your real estate journey. Want more than just listings' Strata.ca also offers historical data and property-ranking capabilities that other sites don't have. From the average sale price to appreciation rates - Strata.ca gives you the power to learn every aspect of the neighbourhoods you're interested in.

A common mistake buyers make is overlooking the closing costs associated with purchasing a house in Billings. These fees are standard in real estate, but can still catch you off guard if you're unprepared. 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. A significant portion of your closing costs will be dedicated to the land transfer tax. These taxes are based on a percentage of the total purchase price. If this is your first home, you can reduce closing costs by applying for a government rebate. Under this program, first-time homebuyers are reimbursed a portion of the land transfer tax. And finally, when buying a home in Billings, you'll need a real estate lawyer to close the deal. Be sure to put aside $2,000 to cover the cost of your real estate lawyer, although legal fees can vary.