Townhouses for Sale in Essa, ON

Every city has its most in-demand neighbourhoods, and in Essa they are none available. Strata.ca looks at a number of indicators to rank the communities most in-demand. 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 Essa's most priciest neighbourhoods. The average sold price is able to tell us where a neighbourhood ranks in terms of cost. Buying in Essa's priciest neighbourhoods may not be ideal if you're seeking good value. none available could be much better options.

none available are Essa's cheapest neighbourhoods. Strata.ca determines this by looking at the average sold price for the past year. In comparison, the average house in Essa is selling for about unknown.

Homeownership in Essa comes with a number of expenses, one of them being property taxes. This tax is essential in helping the city provide a number of services, including sewer protection and road maintenance. Property tax rates usually fall between 0.5 and 2.5%, and are set out by the local municipality. This tax is not necessarily dictated by the size of your house, which is what many Essa 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. 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.

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

A common mistake buyers make is overlooking the closing costs associated with purchasing a house in Essa. 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. 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. First-time homebuyers could be eligible to receive a rebate on a portion of taxes paid. And finally, when buying a home in Essa, you'll need a real estate lawyer to close the deal. Depending on the complexities of the deal, legal fees can range. But budgeting $2,000 for your lawyer is a good place to start.