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The average house price in Brockville is $513,694, based on Strata.ca statistics. There are currently 62 listed for sale. The average selling time of a house here is 38 days. Thus, Strata.ca data shows that Brockville's housing market is tilting heavily in favour of buyers, rather than sellers.
It's hardly surprising that Outer Brockville are Brockville's most popular neighbourhoods. Strata.ca examines specific criteria to determine a neighbourhood's level of desirability. The average sale price, average days on market, and the percentage of properties that have sold over asking are just some of the factors used to determine popularity.
Brockville's most priciest neighbourhoods are none available. Strata.ca determines this by looking at the average sold price for the past year and contrasts it with other neighbourhoods. If you can't afford a home in Brockville's most expensive neighbourhoods - check out other areas which offer better value, including Outer Brockville.
Every city has neighbourhoods where property values tend to be cheaper - and in Brockville they are none available. Strata.ca assesses historical data to determine the average sale price for every neighbourhood. In comparison, the average house in Brockville is selling for about $513,694.
Property tax is one of the things you'll need to consider when estimating the cost of owning a house in Brockville. This tax is used to pay for several essential services, including garbage and recycling collection. Each year, the municipality determines its property tax rate - which typically falls in the range of 0.5 to 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 Brockville homeowners assume that the bigger their house, the more they'll pay. 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.
If you're seeking a new place to call home Brockville, 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. And the best part - it's all presented in a user-friendly way, making it easy to find your dream home.
With a walk score of 55, Brockville is a somewhat walkable city. And the bike score comes in at 44.
When looking for a house in Brockville, 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, all buyers are required to pay a land transfer tax when closing on a property. First-time homebuyers could be eligible to receive a rebate on a portion of taxes paid. And lastly, buying Brockville real estate will require a lawyer you can trust. You'll need to find someone who specializes in this as they'll be finalizing your purchase. Depending on the complexities of the deal, legal fees can range. But budgeting $2,000 for your lawyer is a good place to start.