Houses for Sale in Bracebridge, ON

Bracebridge's most popular neighbourhoods are Bracebridge. 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.

It's hardly surprising that none available are Bracebridge's most expensive neighbourhoods. Strata.ca looks at historical data to calculate the average sale price for every neighbourhood. Not everyone can afford a home in Bracebridge's priciest neighbourhoods. But Bracebridge offer incredible value at a much lower cost.

You may be surprised to discover that none available are Bracebridge's most affordable neighbourhoods. The average sold price is able to tell us where a neighbourhood ranks in terms of cost. For context, it's important to note that Bracebridge's average house price is $737,472.

Property tax is one of the things you'll need to consider when estimating the cost of owning a house in Bracebridge. 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%. Bracebridge 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 instance, if your home's market value is $800,000 and the municipality's property tax rate is 0.5%, you'd pay $4,000 that year.

Strata.ca features all listings in Bracebridge, updated multiple times daily - you won't ever miss a property when using this platform. This website can show what your neighbour's house sold for last year. Or how much your grandmother's home might be worth in today's market. Armed with this knowledge, users are able to compete effectively against other buyers and sellers.

Bracebridge has a walk score of 1, making it hard to get around the city without a car. And the bike score is 25, meaning there is minimal bike infrastructure.

A common mistake buyers make is overlooking the closing costs associated with purchasing a house in Bracebridge. 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. In Canada, regardless of where you purchase, all buyers must pay a land transfer tax. These amounts are set up by the individual provinces, with some municipalities imposing a second tax upon closing. First-time homebuyers could be eligible for a government rebate - your real estate lawyer can help you apply for this rebate at the time of closing. And lastly, buying Bracebridge 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. Real estate lawyers have varying rates, but many agents will recommend you budget about $2,000 to cover their fees.