Monday, July 10, 2006

Real Estate Update and New Listings

The real estate market in Nelson is still very active. There is a lot of interest from purchasers from outside the area, but overall the majority of buyers are locals.

There are two new condo developements under way which are in the $250,000+ range. There are still a couple of small units available in the low $200,000 range.

There is minimal land within the city available for purchase, waterfront is scarce and sold at a premium when introduced to the market.

Check out my new listings posted on the listing section of www.NelsonLocal.com

  • 2 bedroom, central home with established gardens, 2 minute walk to downtown Nelson, full unfinished basement $239,900
  • 4800+ sqft Commercial / Residential building 1/2 way to Nelson and Castlegar, no zoning, large fenced compound area, loading bay, and great traffic exposure $449,000
  • Heritage commercial / residential building in Slocan City, 3 bdrms with hardwood and over 3200+sqft of revenue potential $189,000