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    Townhouses for Sale in Erin, ON

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

    The average house price in Erin is unknown, based on Strata.ca statistics. If you're looking to buy, 9 are on the market. The average selling time of a house here is unknown days.

    What are some of the most popular neighbourhoods?

    none available are Erin's most popular neighbourhoods. Strata.ca examines specific criteria to determine a neighbourhood's level of desirability. Neighbourhoods with homes selling within the shortest time frame will usually have a higher popularity ranking.

    What are the most expensive neighbourhoods for houses?

    Every city has its expensive neighbourhoods, and in Erin they are none available. Strata.ca looks at historical data to calculate the average sale price for every neighbourhood. Buying in Erin's priciest neighbourhoods may not be ideal if you're seeking good value. none available could be much better options.

    What are the cheapest neighbourhoods for houses?

    The most affordable neighbourhoods in Erin are none available. We isolate these neighbourhoods by looking at the average sold price over a set period of time. Many properties in Erin's least expensive neighbourhoods are selling below the city's average of unknown.

    How do property taxes work in Erin?

    One of the carrying costs associated with homeownership in Erin 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 usually fall between 0.5 and 2.5%, and are set out by the local municipality. Erin 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. If your home's market value is $500,000, and the municipal property tax rate is 1% - your property tax for that year would be $5,000.

    What is the best source for Erin real estate listings?

    Strata.ca features all listings in Erin, 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 Erin's real estate history! With Strata.ca, you can also get historical data on every property in Erin. You'll have all the intel you need to outsmart the local real estate market.

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

    When purchasing a house in Erin, 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. 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. 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. Lastly, you'll need a Erin real estate lawyer, not only to facilitate the financial transaction, but to conduct a title search and register the property under your name. A good rule of thumb is to set aside about $1,500 to $2,000 to pay out your real estate lawyer upon closing.