Smart home buyer and investor tip: Know the property tax before buying

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Smart home buyers and real estate investors know that looking past the staging is critical before making an offer.

In New Brunswick, Service New Brunswick’s online tool PAOL provides Property tax information.

Weโ€™ve pulled up a specific property profile here: https://paol-efel.snb.ca/paol.html

Here is why checking PAOL is a must-do step during your property due diligence:

๐Ÿ”น Verified Assessment History: View official provincial property assessments dating back several years to spot trends in valuation changes.

๐Ÿ”น Actual Past Sales Data: See historical transaction prices registered for the property and comparable neighboring homes to ensure you are paying fair market value.

๐Ÿ”น Tax Levy Transparency: Check municipal tax information to accurately calculate your ongoing carrying costs or rental yield projections.

๐Ÿ’ก Realtor Tip: While assessed value is a great baseline for comparison, remember it doesn’t always equal current market valueโ€”especially in competitive New Brunswick markets! Always pair your PAOL research with a professional comparative market analysis (CMA).

Have questions about running numbers on a property or navigating the market?

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