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    Houses for Sale in Wasaga Beach, ON

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

    The average house price in Wasaga Beach is $698,538, based on Strata.ca statistics. If you're looking to buy, 580 are on the market. The average selling time of a house here is 37 days. Thus, Strata.ca data shows that Wasaga Beach's housing market is tilting heavily in favour of buyers, rather than sellers.

    What are some of the most popular neighbourhoods?

    Wasaga Beach's most popular neighbourhoods are Wasaga Beach. Strata.ca looks at a number of indicators to rank the communities most in-demand. 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.

    What are the most expensive neighbourhoods for houses?

    none available are Wasaga Beach's most priciest neighbourhoods. Strata.ca looks at historical data to calculate the average sale price for every neighbourhood. Buying in Wasaga Beach's priciest neighbourhoods may not be ideal if you're seeking good value. Wasaga Beach could be much better options.

    What are the cheapest neighbourhoods for houses?

    Every city has neighbourhoods where property values tend to be cheaper - and in Wasaga Beach they are none available. We isolate these neighbourhoods by looking at the average sold price over a set period of time. It should be noted that the average house in Wasaga Beach typically sells for $698,538.

    How do property taxes work in Wasaga Beach?

    Annual property taxes cannot be overlooked when assessing what it costs to own a house in Wasaga Beach. This tax helps pay for a variety of services, including garbage collection and snow removal. Property tax rates usually fall between 0.5 and 2.5%, and are set out by the local municipality. 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 Wasaga Beach 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.

    What is the best source for Wasaga Beach real estate listings?

    The go-to website for your Wasaga Beach real estate search is Strata.ca, which showcases every property available, so you'll never miss an opportunity. But why settle for basic property details when you could unlock Wasaga Beach's real estate history! With Strata.ca, you can also get historical data on every property in Wasaga Beach. You'll have all the intel you need to outsmart the local real estate market.

    What is the Walk Score, Transit Score and Bike Score like?

    Wasaga Beach has a walk score of 17, meaning most errands and travel within the city will require a car. And with a transit score of 25, this area offers a smaller network of public transportation. For cyclists, the neighbourhood offers a bike score of 43, meaning there is limited bike infrastructure.

    What are the typical closing costs for purchasing a house in Wasaga Beach?

    When looking for a house in Wasaga Beach, 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. When searching for a house in Wasaga Beach, buyers will typically take into account 1.5% - 2% of their budgeted purchase price for closing costs. For instance, 2% in closing costs on a $500,000 house would be $10,000. Because these charges cannot be lumped into your mortgage, it's crucial to have this money upfront upon closing. 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. The most common way to reduce this tax is by applying for the first-time homebuyer rebate. And lastly, buying Wasaga Beach 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. A good rule of thumb is to set aside about $1,500 to $2,000 to pay out your real estate lawyer upon closing.