CASTLEGAR NEWS LIKE US ON....
Matt Mccarthy
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Breaking news at castlegarnews.com
Thursday, October 3, • 2013
250.304.4831
1761 Columbia Ave. Castlegar, B.C. matt_mccarthy@ymail.com
Vol.10 • Issue 40
Rebels battle rivals in Getting a grip on early season action local flavours See Page A19 See Page A2
Rauni Naud
Advisor, Member of the Million Dollar Round Table Mutual funds offered by Sun Life Financial Investment Services (Canada) Inc.
• RRSP’s, RRIF’s, GIC’s, TFSA’s • Life Insurance • Income for Life • Health Insurance • Annuities • Estate & Financial Planning
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Jo-Ann Bursey Mountainview Realty Ltd.
304.8681
jo-ann@century21castlegar.com
Based on a number of factors, Castlegar is positioned within a select group of communities according to a recent survey.
Study gives good grades to Castlegar
Marvin Beatty
Nancy Trotman Mortgage Broker
MARVIN BEATTY
250-365-9513 888-998-9513
Castlegar News Reporter
Castlegar has a spot on a list of the top 100 neighbourhoods set to lead growth in Canada, according to a September 26 RE/MAX Network and Verico Financial Group report. The list, which was compiled by the Canadian Real Estate Wealth Magazine, is based on statistics including population, average home price, capital growth and vacancy rate. Just eight communities on the list were found in B.C. and many of the most promising neighbour-
Savings cook up the
20%
hoods were found in small towns. The news that Castlegar made the list came as no surprise to local REMAX realtor Barry Brown. “Castlegar has always been positioned to grow because it is the centre of the West Kootenays,” he said. “[It’s] on Highway 3, a diversity of surrounding industries, the West Kootenay Regional Airport and Selkirk College.” Brown said a buyers market exists currently — most buyers are not that rushed because of the depth of inventory available. The area itself also has a good mix of urban and city properties and the huge variety of recreational actives
available in all four seasons is another big draw. “The average sale price is $254,000 for the past 12 months,” said Brown. “Single family listing prices in Castlegar and area see a range from $99,900 up to $849,000.” Brown said houses that are priced right still sell quickly. “So if a buyer finds a home that they like, they should proceed with an offer,” he said. The other seven B.C. neighbourhoods poised to lead growth in Canada are (not ranked): • Fort St. John • neighbourhoods of Colwood
and Langford in Greater Victoria • Kitimat • Lynn Valley in North Vancouver • Whalley in Surrey • Terrace (entire community) • Grandview-Woodland in Vancouver Elton Ash, RE/MAX of Western Canada regional executive vicepresident said in a release that no longer are big cities dominating the real-estate investment landscape. “As this report clearly shows, investment opportunities abound across Canada, both in bigger cities and smaller towns,” said Ash.
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