It's hardly surprising that none available are New Westminster'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.

New Westminster's most priciest neighbourhoods are none available. Neighbourhoods are ranked by assessing the average sold price during the past 12 months, and compared to all of the other neighbourhoods in the city. If you're looking for value, New Westminster's priciest neighbourhoods may not be ideal. Instead, check out none available for other alternatives.

none available are New Westminster's cheapest neighbourhoods. Strata.ca determines this by looking at the average sold price for the past year. Overall, houses in New Westminster are selling for an average of unknown.

Aside from mortgage payments, owning a house in New Westminster will require that you pay an annual property tax. 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 New Westminster homeowners assume that the bigger their house, the more they'll pay. 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 New Westminster, 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. Armed with this knowledge, users are able to compete effectively against other buyers and sellers.

When looking for a house in New Westminster, 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. 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. If you're a first-time homebuyer, however, you could be eligible for a government rebate to bring down these costs. And lastly, buying New Westminster 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.