Elmira, Breslau and Conservation Meadows are Woolwich'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.

The priciest neighbourhoods in Woolwich are Breslau. Strata.ca looks at historical data to calculate the average sale price for every neighbourhood. If you can't afford a home in Woolwich's most expensive neighbourhoods - check out other areas which offer better value, including Conservation Meadows.

The most affordable neighbourhoods in Woolwich are Elmira. Neighbourhoods are ranked by assessing the average sold price during the past 12 months. For context, it's important to note that Woolwich's average house price is $902,745.

Property tax is one of the things you'll need to consider when estimating the cost of owning a house in Woolwich. This tax is crucial in providing local residents with essential services, including garbage collection, fire protection and policing. Property tax rates usually fall between 0.5 and 2.5%, and are set out by the local municipality. This tax is not necessarily dictated by the size of your house, which is what many Woolwich 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 is the premier real estate website because it displays every home available in Woolwich and the listings are updated multiple times per day. 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. This kind of intel can give you an edge in the local market.

Woolwich has a walk score of 30, meaning it's much easier to get around the city with a car than by foot. With a transit score of 17, this city offers few public transportation options. For cyclists, the neighbourhood offers a bike score of 38, meaning there is limited bike infrastructure.

When purchasing a house in Woolwich, 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. Closing costs cannot be rolled into your mortgage. But rather, these are charges paid upfront on the day of closing. To be safe, budget about 2% of the purchase price. For instance, if you're buying a Woolwich house for $800,000 - then at least $16,000 should be set aside. All buyers are subject to the province's land transfer tax. The most common way to reduce this tax is by applying for the first-time homebuyer rebate. And finally, when buying a home in Woolwich, you'll need a real estate lawyer to close the deal. Depending on the complexities of the deal, legal fees can range. But budgeting $2,000 for your lawyer is a good place to start.