Found 17 blog entries tagged as Invermere.

In the contemporary real estate landscape, a pronounced shift is underway. Increasing worry about escalating energy expenses and environmental degradation has engendered a profound change in buyer preferences, particularly among millennials and Generation Z. This development isn't just a minor detail in the history of market movements; it represents a transformative shift that is altering the core structure of the real estate sector. It's influencing market trends, affecting property values, and revealing new and unprecedented opportunities for investment.

THE SUSTAINABILITY SURGE AMONG YOUNGER BUYERS

Millennials and Generation Z, individuals born from the early 1980s to the early 2010s, represent a significant fraction of the current and…

45 Views, 0 Comments

Read Full Post

Dear Reader,

I’m sure you’ve heard the saying, “Home is where the heart is.” It’s where we go for shelter, comfort, rest, learning, and growth. Our homes hold us and witness our lives, so it’s in our hands as homeowners to make our homes a haven for rest and growth. We do this through home improvements, maintaining our homes, and decorating in ways that evoke the feeling of “home.”

This monthly e-newsletter is a great way to discover how to make your home feel like “where the heart is.” For example, this issue features articles with tips on how to keep your home tidy from a minimalist perspective; how to make a reed diffuser to make your home smell heavenly; and how to prevent title fraud, so no one tries to take your “home sweet home” away from…

124 Views, 0 Comments

Read Full Post

Price for Real Estate

As the chill of winter fades and the beauty of spring emerges, the real estate market experiences its own form of renewal. Spring has long been considered the prime season for buying and selling properties. This peak period brings an influx of eager buyers into the market, making it a critical time for sellers to capitalize on the heightened demand. However, with competition at its zenith, pricing your home correctly becomes the cornerstone of attracting serious buyers and maximizing your sale price.

In this blog post, we're diving into strategies and insights on how to get your pricing right for the spring real estate!


UNDERSTAND THE LOCAL MARKET

Before setting a price, it's paramount to have your finger on the pulse of your local real…

143 Views, 0 Comments

Read Full Post

Home Technology

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…

137 Views, 0 Comments

Read Full Post

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…

86 Views, 0 Comments

Read Full Post

Real Estate Market Value

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…

170 Views, 0 Comments

Read Full Post

Neighbourhood Homes

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…

189 Views, 0 Comments

Read Full Post

Winter Real Estate Selling

Selling your home in the winter season has some advantages and can also offer unique opportunities and benefits for both, the buyers and the sellers.

LESS COMPETITION

Since fewer homes are typically listed for sale in the winter, your home may stand out more and attract more potential buyers.

SERIOUS BUYERS

People looking to buy a home during the winter season are often more serious and motivated, which can lead to quicker and smoother transactions.


FASTER CLOSING

Lenders, home inspectors, and other professionals involved in the home selling process may have more availability and shorter wait times during the winter months, leading to a faster closing.

Give us a call if you are planning to sell your home this winter…

364 Views, 0 Comments

Read Full Post

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…

336 Views, 0 Comments

Read Full Post

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…

320 Views, 0 Comments

Read Full Post