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Right now, there are 128 available for purchase. Houses in this location are sitting on the market for an average of 49 days. Thus, Strata.ca data shows that Georgian Bluffs' housing market is tilting heavily in favour of buyers, rather than sellers.
It's hardly surprising that Georgian Bluffs are Georgian Bluffs' most popular neighbourhoods. We assess how much interest there is for a neighbourhood by looking at various statistics. 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 Georgian Bluffs' most priciest neighbourhoods. Neighbourhoods are ranked by assessing the average sold price during the past 12 months, and compared to all of the other neighbourhoods in the city. If you can't afford a home in Georgian Bluffs' most expensive neighbourhoods - check out other areas which offer better value, including Georgian Bluffs.
The most affordable neighbourhoods in Georgian Bluffs are none available. 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 Georgian Bluffs' average house price is $647,327.
Property tax is one of the things you'll need to consider when estimating the cost of owning a house in Georgian Bluffs. This tax is used to pay for several essential services, including garbage and recycling collection. The municipality is responsible for assessing properties and determining its property tax rate, which typically land between 0.5 and 2.5%. Some Georgian Bluffs 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. 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 Georgian Bluffs, 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 Georgian Bluffs' real estate history! 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.
With a walk score of 2, most Georgian Bluffs residents typically require a car to get around. Meanwhile, the transit score is 0, making it more challenging to get around the city using public transportation.
When purchasing a house in Georgian Bluffs, 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. When searching for a house in Georgian Bluffs, 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 you're a first-time homebuyer, however, you could be eligible for a government rebate to bring down these costs. And lastly, buying Georgian Bluffs 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. A good rule of thumb is to set aside about $1,500 to $2,000 to pay out your real estate lawyer upon closing.