Houses for Sale in Owen Sound, ON

The most popular neighbourhoods in Owen Sound are Owen Sound. Strata.ca examines specific criteria to determine a neighbourhood's level of desirability. 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.

The priciest neighbourhoods in Owen Sound are none available. Strata.ca looks at historical data to calculate the average sale price for every neighbourhood. Not everyone can afford a home in Owen Sound's priciest neighbourhoods. But Owen Sound offer incredible value at a much lower cost.

none available are Owen Sound's cheapest neighbourhoods. Strata.ca determines this by looking at the average sold price for the past year. Many properties in Owen Sound's least expensive neighbourhoods are selling below the city's average of $523,232.

Homeownership in Owen Sound comes with a number of expenses, one of them being property taxes. This tax is crucial in providing local residents with essential services, including garbage collection, fire protection and policing. The municipality is responsible for assessing properties and determining its property tax rate, which typically land between 0.5 and 2.5%. 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 Owen Sound homeowners assume that the bigger their house, the more they'll pay. 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 is the premier real estate website because it displays every home available in Owen Sound 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. This kind of intel can give you an edge in the local market.

With a walk score of 2, most Owen Sound residents typically require a car to get around.

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 Owen Sound. 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. First-time homebuyers could be eligible for a government rebate - your real estate lawyer can help you apply for this rebate at the time of closing. And finally, when buying a home in Owen Sound, you'll need a real estate lawyer to close the deal. Be sure to put aside $2,000 to cover the cost of your real estate lawyer, although legal fees can vary.