Houses for Sale in Tay, ON

It's hardly surprising that Victoria Harbour, Rural Tay and Port Mcnicoll are Tay's most popular neighbourhoods. Strata.ca determines the most popular neighbourhoods by looking at a number of factors. 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 Tay are Rural Tay. Strata.ca looks at historical data to calculate the average sale price for every neighbourhood. If you're looking for cheaper options though - Victoria Harbour also have great properties, but at much better value.

The most affordable neighbourhoods in Tay are Port Mcnicoll and Waubaushene. Strata.ca determines this by looking at the average sold price for the past year. It should be noted that the average house in Tay typically sells for $589,098.

Annual property taxes cannot be overlooked when assessing what it costs to own a house in Tay. This tax helps pay for a variety of services, including garbage collection and snow removal. Property tax rates are assessed and determined annually by your municipality. They usually fall somewhere between 0.5 to 2.5%. Some Tay homebuyers believe this tax is based on the size of the house. But rather, the tax rate is multiplied by the home's current market value - which can fluctuate each year based on surrounding homes. Let's say your property's market value is $700,000 and the municipal property tax rate is 0.5%. This means you'd owe $3,500 in property taxes that year.

If you're seeking a new place to call home Tay, 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. But why settle for basic property details when you could unlock Tay's real estate history! With Strata.ca, you can also get historical data on every property in Tay. You'll have all the intel you need to outsmart the local real estate market.

With a walk score of 44, Tay is a city that often requires a car to get around. And with a transit score of 25, this area offers a smaller network of public transportation. And the bike score is 47, meaning there is minimal bike infrastructure.

When purchasing a house in Tay, 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. 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. The land transfer tax will make up most of your closing costs. In Canada, all buyers are subject to the LTT imposed by the province. 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 Tay, 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.