Buying a home is one of the most exciting and largest financial steps you’ll ever take. Whether you’re a first-time buyer or upgrading to your dream acreage in the Peace Region, it’s important to understand all the costs involved. In Fort St. John’s competitive housing market, planning ahead helps you make confident, stress-free decisions.

Here’s a breakdown of the hidden costs every homebuyer in Northern BC should be prepared for:

1. Home Inspection

Before finalizing your purchase, always invest in a professional home inspection. It typically costs between $400 and $800 but can save you thousands in potential repairs. In our region’s colder climate, pay special attention to insulation, heating systems, and foundation issues.

2. Property Appraisal

If you’re getting a mortgage, your lender will likely require an appraisal to confirm the home’s value. Expect to budget around $300–$500. This step ensures you’re paying a fair price and protects your investment.

3. Legal Fees and Title Insurance

A real estate lawyer will handle the paperwork, title transfer, and mortgage registration. Legal fees in Fort St. John generally range from $1,000–$1,500. Title insurance (often recommended) adds another $200–$300 but offers protection against ownership disputes or title defects.

4. Property Transfer Tax

In British Columbia, buyers pay a Property Transfer Tax (PTT) when purchasing real estate. For most homes, it’s 1% on the first $200,000 and 2% on the remainder up to $2 million.
💡 Tip: First-time home buyers may qualify for a full or partial exemption — ask your Realtor or lawyer to confirm your eligibility.

5. Adjustments and Utility Hookups

Sellers may have prepaid property taxes or utility bills. These are adjusted at closing so each party only pays their share. New homeowners should also budget for utility connection fees, which can vary depending on location and provider.

6. Moving and Setup Costs

From hiring movers to setting up internet and garbage collection, small expenses add up quickly. Plan for $1,000–$2,000 to cover your move comfortably — especially if you’re relocating from another BC community or province.

7. Home Insurance and Maintenance

Before you get your keys, your lender will require proof of home insurance. Premiums depend on property type, location, and value — usually between $1,000–$2,000 per year.
Don’t forget to budget for ongoing maintenance like furnace servicing, snow removal, or well and septic upkeep if you’re buying rural property.

Why This Matters in the Fort St. John Market

The Peace Region’s housing market offers incredible value compared to many BC areas, but being financially prepared gives buyers an edge. Understanding the true cost of homeownership helps you act quickly and confidently when the right property comes along.

Whether you’re drawn to a family home in town or an acreage outside city limits, Brenna and her team are here to guide you through every step — from offer to keys in hand.

📞 Call/Text Brenna at 250.262.6441
Brenna Burns PREC
CENTURY 21 ENERGY REALTY
FORT ST. JOHN 📍