Nelson Real Estate Local Market Activity
The fun continues as we roll into 2017.... Home sales in the Kootenays as recorded through the MLS® System of the Kootenay Real Estate Board came in well above year-ago levels in January 2017. Home sales numbered 141 units in January 2017, jumping 38.2% on a year-over-year basis. Sales of all property types numbered 177 units in January 2017, up 47.5% from January 2016. According to the Kootenay Real Estate Board: “The strong sales momentum we saw throughout the final quarter
Real Estate Tips: What to Check on a Final Walk-Through of Your New Home
Even though Canadian Real Estate transactions don't go into "escrow" (but rather become unconditional), this article from HouseHunt.com is a great guide on what to check on a final walk-through of your new home prior to the completion date of the sale. Even after you review the building inspection report and recall how everything looked when you first viewed the house, things can change between the time of the inspection and the time you take possession, so one final look ar
Property Tax Exemption Threshold Raised for First-Time Home Buyers
On the heels of multiple government announcements in 2016 and early 2017, the British Columbia Real Estate Association (BCREA) welcomes the latest: an increase in the Property Transfer Tax exemption threshold for first-time buyers, announced in Budget 2017. The increase, to $500,000 from $475,000, takes effect today. Click here for full article
Business Opportunity For Sale: Jagannatha Express
Here is your opportunity to be the new owner of the very popular Jagannatha Express Vegetarian Bistro & Organic Juice Bar! Good health and wellness is the cornerstone of the business philosophy. Preparing and serving excellent quality vegetarian / vegan “fusion foods”, it is an ideal healthy choice for fast casual dining with a fabulous lease location right in the heart of downtown Nelson. Cooking is done with pure unadulterated vegetable oils, such as olive and coconut oil,
JUST SOLD: 241 High Street, Nelson, BC
Congratulations to the new buyers! A great home and revenue property! 3 bedroom - 1 1/2 bath suite upstairs with large covered deck and a legal, 2 bedroom, 1 bath downstairs suite with access to the large lower yard. 241 High Street, Nelson, BC Price: $479,00 MLS#2418510
Nelson Real Estate Update: February 2017
“Housing demand across the province returned to long-term average levels last month," said Cameron Muir, BCREA Chief Economist. "However, regional variations persist, with Victoria posting above average performance and Vancouver falling below the average." For full article including stats click here:
JUST SOLD: 1810 Hwy 6, Crescent Valley
JUST SOLD: 2 bedroom home in Crescent Valley situated on 10 acres with great sun exposure and beautiful vistas. Full unfinished basement and updated interior. Property includes waterfront on Slocan River. Congratulations to our buyer on the purchase of your new home!
NELSON CITY: Number of Single Family Properties Listed & Sold in January
In January 2017 there were only 22 active single family listings in the City of Nelson. Of those 22 active listings, 8 were newly listed in January. Overall we only saw 3 sales over the course of the month.
NELSON RURAL: Single Family Properties Listed & Sold in January
In January 2017 there were 83 active listings in the Nelson Rural catchment area which consists of Harrop, Procter, Balfour, Nelson North Shore, Salmo, Ymir, Beasley, Bonnington, South Slocan, Crescent Valley, Passmore, Winlaw, and Slocan. Of those 83 active listings, 16 were newly listed in January. Overall we saw 6 sales in these areas over the month.
FOR SALE: Near-New Custom Built 3 Bedroom Executive Home in Taghum
Exceptional custom built near-new executive home in Taghum only 5 minutes from Nelson. Placed on a gently sloping and landscaped 0.51 acre view lot overlooking the river and on a quiet cul de sac, this home offers all the space and amenities any family needs. The spacious paved and level access drive leads to an attached double garage and offers plenty of room for RV’s and additional parking. Walk in to this main floor entry into a grand lofted living room, formal dining room
