Stephenville offers quality of life at an affordable price.
The cost of buying a house is on average with the larger centers in Newfoundland and Labrador. Real Estate continues to increase in value and is a sound investment.
A three-bedroom house can range from $120,000 for an older home up to $350,000 for the newly-built one. It is important to remember that when buying a home in Stephenville, you will have additional expenses such as legal fees, insurance fees, and taxes.
The Property Tax rate in Stephenville is 9.5 mils or $9.50 per thousand dollars of assessed value.
$200,000 Assessed Value
x .0095 Mil Rate
$ 1,900 Property Tax Yearly
368 Water and Sewer Rate yearly
$ 2,268 Total Municipal Tax
The cost of food and other goods and services are the same as the other major centers in Newfoundland and Labrador and are available here in Stephenville.