It's hardly surprising that Thorold North, Thorold South and Kottmeier are Thorold's most popular neighbourhoods. 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.

The priciest neighbourhoods in Thorold are Thorold South and Kottmeier. Strata.ca determines this by looking at the average sold price for the past year and contrasts it with other neighbourhoods. Buying in Thorold's priciest neighbourhoods may not be ideal if you're seeking good value. Allanburg could be much better options.

The most affordable neighbourhoods in Thorold are Port Robinson and Thorold North. We isolate these neighbourhoods by looking at the average sold price over a set period of time. Many properties in Thorold's least expensive neighbourhoods are selling below the city's average of $548,511.

Property tax is one of the things you'll need to consider when estimating the cost of owning a house in Thorold. This tax helps pay for a variety of services, including garbage collection and snow removal. Property tax rates are assessed and determined annually by your municipality. They usually fall somewhere between 0.5 to 2.5%. This tax is not necessarily dictated by the size of your house, which is what many Thorold 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. 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 Thorold, 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 Thorold. Armed with this knowledge, users are able to compete effectively against other buyers and sellers.

Residents of Thorold usually need a car to get around, given the city's walk score of 8. And with a transit score of 0, this city is very limited in its public transportation options. And the bike score is 28, meaning there is minimal bike infrastructure.

When purchasing a house in Thorold, you must budget for a series of charges known as 'closing costs'. These costs are necessary in order to finalize your purchase, so be sure to factor them in before 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. A significant portion of your closing costs will be dedicated to the land transfer tax. These taxes are based on a percentage of the total purchase price. First-time homebuyers could be eligible to receive a rebate on a portion of taxes paid. And lastly, buying Thorold 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. Although fees can vary, expect to set aside somewhere around $1,500 - $2,000 on closing to cover your legal costs.