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Narrowing down your search criteria will help as there are currently 122 available on the market today. Houses in this location are sitting on the market for an average of unknown days.
The most popular neighbourhoods in Brighton are none available. Strata.ca examines specific criteria to determine a neighbourhood's level of desirability. 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.
none available are Brighton's most priciest neighbourhoods. Strata.ca looks at historical data to calculate the average sale price for every neighbourhood. If you can't afford a home in Brighton's most expensive neighbourhoods - check out other areas which offer better value, including none available.
Every city has neighbourhoods where property values tend to be cheaper - and in Brighton they are none available. The average sold price is able to tell us where a neighbourhood ranks in terms of cost. Many properties in Brighton's least expensive neighbourhoods are selling below the city's average of unknown.
One of the carrying costs associated with homeownership in Brighton is your property tax. 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%. This tax is not necessarily dictated by the size of your house, which is what many Brighton homeowners tend to believe. But rather, the city's tax rate is multiplied by the property's current market value - and that can fluctuate year-to-year based on recently sold homes. Let's say your property's market value is $700,000 and the municipal property tax rate is 0.5%. This means you'd owe $3,500 in property taxes that year.
If you're seeking a new place to call home Brighton, 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. This platform offers something extra that many others don't. In addition to property specs, Strata.ca also provides extra data and rankings. And the best part - it's all presented in a user-friendly way, making it easy to find your dream home.
A common mistake buyers make is overlooking the closing costs associated with purchasing a house in Brighton. These fees are standard in real estate, but can still catch you off guard if you're unprepared. When searching for a house in Brighton, buyers will typically take into account 1.5% - 2% of their budgeted purchase price for closing costs. For instance, 2% in closing costs on a $500,000 house would be $10,000. Because these charges cannot be lumped into your mortgage, it's crucial to have this money upfront upon closing. In Canada, all buyers are required to pay a land transfer tax when closing on a property. 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 Brighton, you'll need a real estate lawyer to close the deal. Real estate lawyers have varying rates, but many agents will recommend you budget about $2,000 to cover their fees.