Blog - Columbia Valley

The trend towards smart and sustainable homes in British Columbia

TECHNOLOGICAL ADVANCES

The integration of smart technology into homes is on the rise. Smart thermostats, lighting, and energy management systems not only contribute to a home's sustainability but also enhance convenience and comfort. These technologies allow homeowners to monitor and control their energy usage more effectively, leading to lower energy bills and reduced environmental impact.

ECONOMIC FACTORS

The long-term cost savings associated with smart and sustainable homes are a significant draw for many. While the initial investment may be higher, the reduction in utility bills and maintenance costs can make these homes more economical over time. Additionally, there is a growing market demand for sustainable properties, which can…

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Real Estate Blog March 2025

Dear Reader,

There’s a Tanzanian proverb, “Little by little, a little becomes a lot,” which can be applied to anything, whether it’s fitness, relationship goals, or developing a new skill. The same can be said for every little improvement you make to your property over time.

The great thing about these e-newsletters is that they are packed with a variety of ideas on how you can improve your home to increase its value, help save you money, enjoy your home more, and live a healthier life. This month’s e-newsletter, for example, features articles about window treatments, how to choose a home security system, and DIY natural cleaners. While these may seem like little things when it comes time to sell, the more improvements you have made to your home…

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The Concepts of Market Value and Purchasing Price

The concepts of Market Value and Purchasing Price!

Market Value

• Market Value, often referred to as Fair Market Value, is the estimated amount for which a property or an item would trade in a competitive and open market environment.
• It reflects the price that a willing buyer and a willing seller, both having reasonable knowledge of all relevant facts and neither being under any compulsion to buy or sell, would agree upon.
• Market value can fluctuate based on demand, economic conditions, and other market dynamics.  

Purchasing Price ( Purchase Price ) 

• The Purchasing Price is the actual amount paid for a product or service at the time of buying. It is the cost at which someone acquires an asset, commodity, service, or…

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Real Estate Market Cranbrook versus Invermere

Demand

The demand in Cranbrook is driven by a combination of local residents, those moving for employment opportunities, and investors. Its role as a regional center means there's consistent demand for both residential and commercial properties.

In Invermere, the demand is heavily influenced by seasonal fluctuations and the second-home market. Buyers are often looking for vacation properties or retirement homes. The seasonal nature of demand can lead to fluctuations in market activity, with peaks typically in spring and summer.

Pricing

Invermere’s real estate market is often characterized by higher prices due to its popularity as a vacation and lifestyle destination. The demand for properties close to recreational amenities such as the…

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Invermere Events

Welcome To Invermere, BC

Invermere is a paradise for outdoor lovers! A mere 3-hour drive from Calgary, it's the perfect weekend getaway destination. The vibrant downtown is filled with charming shops and eateries, providing entertainment and a warm local vibe.

Invermere and Panorama Mountain Resort Outdoor Weekend Events

• January 17 - 19: BC Zone Series Racing, Panorama Mountain Resort
• January 17 - 19: Bonspiel On The Lake 2025, Kinsmen Beach, 64 Teams in the Main Spiel
• January 17: Invermere Snowflake Festival 5:30pm - 8:30pm, Kinsmen Beach
• January 18: Bonspiel On The Lake Dinner and Dance, 6pm - 11pm, Columbia Valley Centre
• January 24 -25: Canada Cup Moguls, Panorama Mountain Resort
• January 25: Fishing Derby 9am -…

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Closing Costs in British Columbia

Closing Costs in British Columbia

Closing costs in British Columbia typically include several expenses that home buyers need to pay at the end of the real estate transaction. Some common closing costs in British Columbia may include:

PROPERTY TRANSFER TAX:
This tax is calculated based on the property's purchase price and must be paid when the property title is transferred. 

LEGAL FEES:
You will need to hire a real estate lawyer or notary to handle the closing process, including title searches, document preparation, and transferring funds.

HOME INSPECTION:
It is recommended to have a home inspection conducted before finalizing the purchase to uncover any potential issues with the property.

APPRAISAL FEES:
Your lender may require a…

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Real Estate News November

Dear Reader,

 We live in an increasingly fast-paced world, time flies by so quickly, and here we are, it’s almost the end of another year. Sometimes significant chunks of time can pass without us even giving thought to how we live or where. But it’s important to hit the pause button every so often and ask yourself if you are content in your life.

 When it comes to your home, ask yourself if it is still meeting your needs. Is there anything that bothers you daily that you could do something about? Maybe that means updating your dated kitchen or replacing worn-out carpet. November is a great time to explore and review contractors when they are typically less busy, and you have a better chance of securing a reputable contractor and scheduling your…

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Columbia Valley Real Estate Trends

COLUMBIA VALLEY REAL ESTATE TRENDS

The Columbia Valley real estate market is constantly evolving, influenced by various economic and demographic factors.
The local market is more resilient, experiencing milder price declines or even slight increases in some areas.

LOWER INTEREST RATES

The Bank of Canada has recently lowered interest rates, making mortgages more affordable and encouraging more buyers to enter the market. The rate cut will reduce borrowing costs for individuals and businesses, making it cheaper to take out mortgages, loans, and credit lines.

WHAT THE BUYERS WANT

Eco-friendly features like energy efficiency, water conservation, and renewable energy options will become increasingly important for buyers,…

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Real Estate Newsletter

Dear Reader,

When we walk outside our doors this time of year, it’s not uncommon to be spooked by the haunted sights and sounds around our neighbourhood. While that’s all in good fun, other spooky sights and sounds around your home might not be. For example, maybe you are spooked by a toilet that has suddenly started making strange noises, or you hear a dripping sound from a faucet in the middle of the night that sends shivers up your spine. You may need a plumber if any of those spooky sounds haunt you. If that’s the case, I want you to know you don’t have to be in the dark looking for a plumber or any other contractor you may need. I have a full list of reputable contractors I can recommend for whatever spooky sounds or sights you may discover around…

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The Orchard In Invermere

Welcome To The Orchard in Invermere, BC

The Orchard is a 15 home development with luxury adaptable, sustainable living at its core. By design, The Orchard seeks to provide solutions in living that can accommodate a diversity of ability.

Location, Location, Location

Invermere, BC

The Orchard is a beautiful 1.5 acres on 13th Avenue (aka Westside Road) Invermere! A short walk to all schools, close to playing fields, tennis courts, and to the Skate Park. Hiking and biking
trails are nearby and the downtown core with shops and restaurants, is a pleasant 15 minute walk away.

Energy Efficiency

The Orchard Homes are designed to meet the anticipated changing building codes for energy efficiency and accessibility. Many units are…

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