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    Townhouses for Sale in Thames Center, ON

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

    There are currently 21 listed for sale. The average selling time of a house here is unknown days.

    What are some of the most popular neighbourhoods?

    Thames Center's most popular neighbourhoods are none available. Strata.ca examines specific criteria to determine a neighbourhood's level of desirability. Neighbourhoods with homes selling within the shortest time frame will usually have a higher popularity ranking.

    What are the most expensive neighbourhoods for houses?

    Thames Center's most priciest neighbourhoods 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 - none available also have great properties, but at much better value.

    What are the cheapest neighbourhoods for houses?

    You may be surprised to discover that none available are Thames Center's most affordable neighbourhoods. Strata.ca assesses historical data to determine the average sale price for every neighbourhood. In comparison, the average house in Thames Center is selling for about unknown.

    How do property taxes work in Thames Center?

    Aside from mortgage payments, owning a house in Thames Center will require that you pay an annual property tax. This tax is essential in helping the city provide a number of services, including sewer protection and road maintenance. Each year, your municipality will determine its property tax rate, which typically lands between 0.5 and 2.5%. Some Thames Center 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. If your home's market value is $500,000, and the municipal property tax rate is 1% - your property tax for that year would be $5,000.

    What is the best source for Thames Center real estate listings?

    If you're seeking a new place to call home Thames Center, 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. 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. With Strata.ca, you can also get historical data on every property in Thames Center. You'll have all the intel you need to outsmart the local real estate market.

    What are the typical closing costs for purchasing a house in Thames Center?

    When purchasing a house in Thames Center, 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. Closing costs cannot be rolled into your mortgage. But rather, these are charges paid upfront on the day of closing. To be safe, budget about 2% of the purchase price. For instance, if you're buying a Thames Center house for $800,000 - then at least $16,000 should be set aside. A significant portion of your closing costs will be dedicated to the land transfer tax. These taxes are based on a percentage of the total purchase price. The most common way to reduce this tax is by applying for the first-time homebuyer rebate. And finally, when buying a home in Thames Center, you'll need a real estate lawyer to close the deal. Depending on the complexities of the deal, legal fees can range. But budgeting $2,000 for your lawyer is a good place to start.