Townhouses for Sale in Strathroy-Caradoc, ON

The most popular neighbourhoods in Strathroy-Caradoc are Strathroy. We isolate these neighbourhoods by looking at various factors that convey an area's desirability. 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 Strathroy-Caradoc are none available. The average sold price is able to tell us where a neighbourhood ranks in terms of cost. If you're looking for cheaper options though - Strathroy also have great properties, but at much better value.

Strathroy-Caradoc's cheapest neighbourhoods are none available. The average sold price is able to tell us where a neighbourhood ranks in terms of cost. Overall, houses in Strathroy-Caradoc are selling for an average of $614,198.

Property tax is one of the things you'll need to consider when estimating the cost of owning a house in Strathroy-Caradoc. This tax is used to pay for several essential services, including garbage and recycling collection. The municipality is responsible for assessing properties and determining its property tax rate, which typically land between 0.5 and 2.5%. This tax is not necessarily dictated by the size of your house, which is what many Strathroy-Caradoc homeowners tend to believe. But rather, the city's tax rate is multiplied by the property's current market value - and that can fluctuate year-to-year based on recently sold homes. Let's say your home's assessed market value is $600,000 and the municipality's property tax rate is 1% - that year you'd pay $6,000.

The go-to website for your Strathroy-Caradoc real estate search is Strata.ca, which showcases every property available, so you'll never miss an opportunity. In addition to listing details, imagine having the ability to search historical data for every property in Strathroy-Caradoc. Armed with this knowledge, users are able to compete effectively against other buyers and sellers.

Residents of Strathroy-Caradoc usually need a car to get around, given the city's walk score of 20. And with a transit score of 23, this city is very limited in its public transportation options. For anyone with a bike, this neighbourhood offers more limited bike infrastructure, with a bike score of 39.

A common mistake buyers make is overlooking the closing costs associated with purchasing a house in Strathroy-Caradoc. These fees are standard in real estate, but can still catch you off guard if you're unprepared. 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. All buyers are subject to the province's land transfer tax. 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 Strathroy-Caradoc real estate lawyer, not only to facilitate the financial transaction, but to conduct a title search and register the property under your name. Real estate lawyers have varying rates, but many agents will recommend you budget about $2,000 to cover their fees.