NelsonLocal.com Newsletter

Issue 5 - Winter 2006

INSIDE THIS ISSUE:

Market Statistics
Listings
NelsonLocal.com BLOG
Nelson News Flash

Real Estate In Nelson

Market Statistics

As 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

Listings

I 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

Visit my listings page to view a full list of what is still available.

Blog

You can now check out periodic updates on the real estate market and what’s happening in and around Nelson on my BLOG.  Visit www.nelsonlocal.blogspot.com

Nelson News Flash

The Touchstones Nelson Museum of Art and History is now open to the public in the former city hall building.  A must see if you are in the area or haven’t yet had the opportunity to indulge in the culture and history of Nelson.  For a sneak peek visit www.touchstonesnelson.ca

Trillium handmade soaps, candles, and bath products formerly based out of Creston BC is moving to Nelson.  Fresh natural ingredients are used to create luscious products for everyone to enjoy.  I know I’m hooked. To see the full line of products available visit
www.trilliumsc.com.

Judy Banfield from Comfort and Joy in Nelson has just moved into a new larger location on Baker St.  Her business of providing life-enriching products for babies, young children and their families for over a decade has out grown the old space.  Thanks to her on-line ordering you can now purchase Mountain Baby products by visiting www.mountainbaby.com .

Gerick Cycle & Sport has done a facelift to the interior and exterior of their store.  It looks amazing and certainly adds to the curb appeal at the end of Baker Street.  You can view their website at www.gericks.com

There 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.

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