Market StatisticsAs per the Kootenay Real Estate Board Statistics for October the average prices year to date on real estate in the Nelson and Nelson Rural areas are as followed:
Nelson Residential Detatched $304,018
Nelson Vacant Land $219,073
Nelson Rural Residential Detached $306,849
Nelson Rural Vacant Land $120,683
City lots in Nelson are still in demand and are selling for a premium in comparison to last years average at this time of $185,500. The gap in pricing from the city of Nelson and rural residential properties has narrowed in the past year, and affordable waterfront continues to be high demand but the reality of ownership has also narrowed as prices are reaching 1 million plus mark.
Buyer Origin (breakdown as of the end of July 2006)
43% City/Region
28% Alberta
7% BC/Lower Mainland
6% BC Interior
5% USA
5% West Kootenay
3% Other proviences
2% East Kootenay
1% International
ListingsI still have some listing inventory for anyone still considering making a move this year or purchasing an investment property in this beautiful area.
- 5.47 acre private property with three dwellings 15 minutes to Nelson $429,000
- Heritage building in Slocan city with commercial and residential space $179,900
- Mobile home park in Kaslo $350,000
- Lovely family home or house to operate a B&B in Kaslo $399,000
Click the link or copy and paste it into your browser to view a full list of what is still available.
http://nelsonlocal.com/listings/index.htmlThere you have it. If you are considering making a purchase or sale in the area and want some expert advice on the local market, give me shout and visit
www.NelsonLocal.com for more information about Nelson BC Real Estate.
The summer has passed, fall is in full transition, and many people are getting cozy for another winter in the Kootenays. Nelson experienced snow at the end of October this year and much of November has been cold and wet. For the outdoor enthusists of the area such as myself excitment is building as the SKIING & SNOWBOARDING season are just around the corner.
