The most popular neighbourhoods in Port Moody are none available. 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.

The priciest neighbourhoods in Port Moody 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 can't afford a home in Port Moody's most expensive neighbourhoods - check out other areas which offer better value, including none available.

Every city has neighbourhoods where property values tend to be cheaper - and in Port Moody they are none available. We isolate these neighbourhoods by looking at the average sold price over a set period of time. Many properties in Port Moody's least expensive neighbourhoods are selling below the city's average of unknown.

Homeownership in Port Moody comes with a number of expenses, one of them being property taxes. This tax helps fund many local services, such as snow removal, fire protection, and much more. The municipality is responsible for assessing properties and determining its property tax rate, which typically land between 0.5 and 2.5%. This tax is not necessarily dictated by the size of your house, which is what many Port Moody homeowners tend to believe. But rather, the city's tax rate is multiplied by the property's current market value - and that can fluctuate year-to-year based on recently sold 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.

Strata.ca features all listings in Port Moody, updated multiple times daily - you won't ever miss a property when using this platform. 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.

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 Port Moody. The average closing costs in this city will typically come to about 1.5% - 2% of the purchase price, although this can vary. For example, 2% in closing costs on an $800,000 house would be $16,000 that you need to budget for. In Canada, regardless of where you purchase, all buyers must pay a land transfer tax. These amounts are set up by the individual provinces, with some municipalities imposing a second tax upon closing. If this is your first home, you can reduce closing costs by applying for a government rebate. Under this program, first-time homebuyers are reimbursed a portion of the land transfer tax. A real estate lawyer is necessary to finalize any purchase in Port Moody, so you'll want to include their fees in your closing costs. Be sure to put aside $2,000 to cover the cost of your real estate lawyer, although legal fees can vary.