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    Townhouses for Sale in Southwest Middlesex, ON

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    What is the current state of the real estate market for houses in Southwest Middlesex? Is it a buyer's or seller's market?

    If you're looking to buy, 5 are on the market. It's helpful to note that houses in this location are typically sitting on the market for an average of unknown days.

    What are some of the most popular neighbourhoods?

    It's hardly surprising that none available are Southwest Middlesex's most popular neighbourhoods. 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.

    What are the most expensive neighbourhoods for houses?

    Southwest Middlesex's most priciest neighbourhoods are none available. We isolate these neighbourhoods by looking at the average sold price over a set period of time. If you're looking for cheaper options though - none available also have great properties, but at much better value.

    What are the cheapest neighbourhoods for houses?

    Southwest Middlesex's cheapest neighbourhoods are none available. Strata.ca assesses historical data to determine the average sale price for every neighbourhood. In comparison, the average house in Southwest Middlesex is selling for about unknown.

    How do property taxes work in Southwest Middlesex?

    Homeownership in Southwest Middlesex 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. Each year, the municipality determines its property tax rate - which typically falls in the range of 0.5 to 2.5%. Some Southwest Middlesex 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.

    What is the best source for Southwest Middlesex real estate listings?

    The go-to website for your Southwest Middlesex real estate search is Strata.ca, which showcases every property available, so you'll never miss an opportunity. This platform offers something extra that many others don't. In addition to property specs, Strata.ca also provides extra data and rankings. Armed with this knowledge, users are able to compete effectively against other buyers and sellers.

    What are the typical closing costs for purchasing a house in Southwest Middlesex?

    When looking for a house in Southwest Middlesex, many buyers will overlook the closing costs. It's important to be aware of what these costs are, so you can budget accordingly prior to 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, regardless of where you purchase, all buyers must pay a land transfer tax. These amounts are set up by the individual provinces, with some municipalities imposing a second tax upon closing. 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 Southwest Middlesex real estate lawyer, not only to facilitate the financial transaction, but to conduct a title search and register the property under your name. Depending on the complexities of the deal, legal fees can range. But budgeting $2,000 for your lawyer is a good place to start.