Houses for Sale in Highlands East, ON

Every city has its most in-demand neighbourhoods, and in Highlands East they are none available. Strata.ca examines specific criteria to determine a neighbourhood's level of desirability. 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.

The priciest neighbourhoods in Highlands East are none available. 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. Buying in Highlands East's priciest neighbourhoods may not be ideal if you're seeking good value. none available could be much better options.

Highlands East's cheapest neighbourhoods are none available. Neighbourhoods are ranked by assessing the average sold price during the past 12 months. It should be noted that the average house in Highlands East typically sells for unknown.

Aside from mortgage payments, owning a house in Highlands East will require that you pay an annual property tax. This tax helps fund many local services, such as snow removal, fire protection, and much more. Each year, your municipality will determine its property tax rate, which typically lands between 0.5 and 2.5%. Some Highlands East 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. 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.

Strata.ca is the premier real estate website because it displays every home available in Highlands East and the listings are updated multiple times per day. 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. 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.

All buyers must pay a series of closing costs when purchasing a house here. Your realtor and/or real estate agent can best advise on what these charges are. But here's a quick overview of what's involved when buying property in Highlands East. The average closing costs in this city will typically come to about 1.5% - 2% of the purchase price, although this can vary. For example, 2% in closing costs on an $800,000 house would be $16,000 that you need to budget for. 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. Lastly, you'll need a Highlands East real estate lawyer, not only to facilitate the financial transaction, but to conduct a title search and register the property under your name. Although fees can vary, expect to set aside somewhere around $1,500 - $2,000 on closing to cover your legal costs.