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Right now, there are 240 available for purchase. On average, houses here are selling within 29 days on market. This is a great time to be a buyer in Halton Hills, as the market for houses is very much in their favour.
It's hardly surprising that Georgetown, Acton and Rural Halton Hills are Halton Hills' most popular neighbourhoods. Strata.ca determines the most popular neighbourhoods by looking at a number of factors. The average sale price, average days on market, and the percentage of properties that have sold over asking are just some of the factors used to determine popularity.
The priciest neighbourhoods in Halton Hills are Rural Halton Hills and Glen Williams. 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. Not everyone can afford a home in Halton Hills' priciest neighbourhoods. But Stewarttown offer incredible value at a much lower cost.
Acton and Georgetown are Halton Hills' cheapest neighbourhoods. Strata.ca determines this by looking at the average sold price for the past year. It should be noted that the average house in Halton Hills typically sells for $1,370,170.
Aside from mortgage payments, owning a house in Halton Hills will require that you pay an annual property tax. 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. Some Halton Hills homebuyers believe this tax is based on the size of the house. But rather, the tax rate is multiplied by the home's current market value - which can fluctuate each year based on surrounding 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.
The go-to website for your Halton Hills real estate search is Strata.ca, which showcases every property available, so you'll never miss an opportunity. But why settle for basic property details when you could unlock Halton Hills' real estate history! Armed with this knowledge, users are able to compete effectively against other buyers and sellers.
Halton Hills has a walk score of 38, meaning it's much easier to get around the city with a car than by foot. And with a transit score of 42, this city offers few public transportation options. And the bike score is 37, meaning there is minimal bike infrastructure.
A common mistake buyers make is overlooking the closing costs associated with purchasing a house in Halton Hills. These fees are standard in real estate, but can still catch you off guard if you're unprepared. Buyers are not allowed to roll closing costs into their mortgage. So be prepared to budget anywhere up to 2% of the purchase price. For instance, 2% on a $600,000 house in Halton Hills would require $12,000 to be set aside for closing day. All buyers are subject to the province's land transfer tax. 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. Finally, a Halton Hills real estate lawyer will be necessary to conduct a title search, arrange title insurance, plus register the home under your name. Be sure to put aside $2,000 to cover the cost of your real estate lawyer, although legal fees can vary.