Province
Buy vs rent in New Brunswick
New Brunswick charges a flat percentage of the greater of the price or assessed value.
Closing costs in New Brunswick
| Home price | Transfer tax / registration | Total closing costs |
|---|---|---|
| $400,000 | $4,000 | $7,700 |
| $600,000 | $6,000 | $9,700 |
| $900,000 | $9,000 | $12,700 |
Renting in New Brunswick
Rent regulation differs by province; check your provincial tenancy board for the current rules before you rely on a rent growth assumption.
Cities in New Brunswick
Questions people ask
Does New Brunswick have a land transfer tax?
New Brunswick charges a flat percentage of the greater of the price or assessed value.
Is it better to buy or rent in New Brunswick?
It depends on your city, how long you stay and your assumptions. Using Fredericton planning inputs, buying does not overtake renting within 40 years. Open a city page or the calculator to test your own numbers.
Educational illustration; not advice. Confirm taxes and exemptions with your lawyer or notary.