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The Increasing Tax Burden On New Ontario Homes

Toronto Realty Blog

I started writing this blog in June 2007, and it wasn’t long before I began to openly opine on the issues in the pre-construction condominium industry. Whether it was delays, deficiencies, material changes, closing costs, the occupancy period, or eventually – prices , I started writing about this in 2008 or 2009.

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Is it Cheaper to Buy or Build a House?

Redfin

In contrast, building a home in 2025 is estimated to cost between $138,937 and $531,294 , excluding land costs, which can add an additional $3,000 to $150,000 depending on the property’s location and size. Larger homes or those with high-end finishes will naturally incur higher costs. reached $390,000. is $419,200.

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Buying a New Build? What to Know as a First-Time Homebuyer

Redfin

While many first-time homebuyers consider a starter home, you may be wondering if buying a new construction home is a better choice. In this Redfin article, we’ll outline the new construction process, including the pros and cons of buying a new build, and financing options. Here’s the step-by-step process.

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How Old of a House Should I Buy?

Redfin

Whether a house was built in the 1930s or 1970s, old is old, and there are several factors that differentiate an old house from a new one. Builder incentives If you’re looking to build your home, there are often money-saving incentives such as help with closing costs and interest-rate buy-downs.

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3 Reasons Why Houses Are So Expensive Right Now

Redfin

Buyers are hampered by record-high costs, and listings are rising as sellers adapt to higher mortgage rates, want to cash in on high prices, or simply have to move. Zoning laws have limited new construction In many regions, WWII-era single-family zoning laws have limited the ability to build enough housing units.

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Desperate for deals, mortgage pros get creative

Housing Wire

That’s why builders are utilizing closing cost incentives and temporary rate buydowns often funded by lenders. “If Some markets like New Jersey don’t have land to build new homes. Being on multiple builders’ lists is a way to rack up more deals for loan officers. “A

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10 Steps for Navigating the New Construction Home Buying Process

HomeLight

The average cost of building a new house can range between $165,563 and $474,977 , and it could save you up to 15% in comparison to buying an existing home — but what do you know about the new construction homebuying process? Have you weighed all the pros and cons of buying new? Pros of new construction.