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The average house price in Loyalist is unknown, based on Strata.ca statistics. There are currently 36 listed for sale. Buyers should know that the average selling time of a house here is unknown days.
none available are Loyalist's most popular neighbourhoods. We assess how much interest there is for a neighbourhood by looking at various statistics. Indicators include the average time a property spends on market, the average sale price, plus the percentage of homes that have sold over asking.
The priciest neighbourhoods in Loyalist are none available. The average sold price is able to tell us where a neighbourhood ranks in terms of cost. Not everyone can afford a home in Loyalist's priciest neighbourhoods. But none available offer incredible value at a much lower cost.
Every city has neighbourhoods where property values tend to be cheaper - and in Loyalist they are none available. The average sold price is able to tell us where a neighbourhood ranks in terms of cost. Overall, houses in Loyalist are selling for an average of unknown.
Homeownership in Loyalist comes with a number of expenses, one of them being property taxes. This tax helps pay for a variety of services, including garbage collection and snow removal. Property tax rates usually fall between 0.5 and 2.5%, and are set out by the local municipality. To determine how much property tax you'll pay, the city will multiply that tax rate by your home's current market value - which can fluctuate year-to-year depending on the value of neighbouring properties. This is why it's not necessarily correct when Loyalist homeowners assume that the bigger their house, the more they'll pay. 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.
If you're seeking a new place to call home Loyalist, Strata.ca can help you. Our website lets you search for every property on the market. It's a one-stop-shop for your real estate journey. Want more than just listings' Strata.ca also offers historical data and property-ranking capabilities that other sites don't have. This kind of intel can give you an edge in the local market.
When purchasing a house in Loyalist, 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, 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. Lastly, you'll need a Loyalist 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.