It's hardly surprising that none available are Coquitlam's most popular neighbourhoods. We assess how much interest there is for a neighbourhood by looking at various statistics. Some of these factors include the average sale price, how much time a property typically spends on market, and the number of homes that have sold over asking.

It's hardly surprising that none available are Coquitlam's most expensive neighbourhoods. We isolate these neighbourhoods by looking at the average sold price over a set period of time. If you're looking for cheaper options though - none available also have great properties, but at much better value.

The most affordable neighbourhoods in Coquitlam are none available. Strata.ca determines this by looking at the average sold price for the past year. For context, it's important to note that Coquitlam's average house price is unknown.

Aside from mortgage payments, owning a house in Coquitlam 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. The municipality is responsible for assessing properties and determining its property tax rate, which typically land between 0.5 and 2.5%. Some Coquitlam 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. 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.

Strata.ca features all listings in Coquitlam, updated multiple times daily - you won't ever miss a property when using this platform. In addition to listing details, imagine having the ability to search historical data for every property in Coquitlam. Armed with this knowledge, users are able to compete effectively against other buyers and sellers.

All buyers must pay a series of closing costs when purchasing a house here. Your realtor and/or real estate agent can best advise on what these charges are. But here's a quick overview of what's involved when buying property in Coquitlam. When searching for a house in Coquitlam, 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. All buyers are subject to the province's land transfer tax. First-time homebuyers could be eligible to receive a rebate on a portion of taxes paid. And lastly, buying Coquitlam 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.