Your time has come!

That income or vacation home may be closer than you think

If you’ve been sitting on the fence, mulling over whether to take the plunge and invest in a second home – perhaps for rental or vacation purposes – this may be your time. According to Natalie Wong’s article, prices for “recreational property,” such as second homes, in BC will drop in 2018 as a new tax to deter speculation and check runaway real estate values spurs some to sell and discourages others from buying.[1]

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At the risk of getting ahead of the game, this prospect was too exciting not to dig up what’s on offer[2] from a selection of BC’s most attractive vacation homes and resort towns. Enjoy.

Nelson

Ranked only behind Vancouver and Victoria as the most livable city in BC[3], Nelson is located among the Selkirk Mountains on Kootenay Lake and offers incredible scenery. With a mild climate, you can ski, snowboard, snowmobile, and snow-shoe in the winter, along with fish, golf, hike, white-water raft, climb, mountain bike, and bird watch in the summer. Nelson is unique and home to over 350 residential and commercial heritage buildings with a beautiful Victorian aesthetic.[4]

Currently, MLS has 120 two-bed+, one-bath+ homes ranging from $69,000 to $3.49 million.

Whistler[5]

Located within the Coast Mountains, internationally-renowned Whistler is a quick 120 km north of Vancouver, at the end of the stunning Sea-to-Sky drive. It offers Whistler and Blackcomb Mountains for skiing, snowboarding, mountain biking, hiking and more, and attracts about 2 million visitors per year[6]. The lively Village at the mountain base is complete with great restaurants and bars, accommodation, shopping, and spas, along with lakes and the Valley Trail.[7]

Currently, MLS has 151 two-bed+, one-bath+ homes ranging from $39,900 to $25.9 million.

Osoyoos[8]

Situated within the desert wine country of BC’s Okanagan Valley and bordering on Washington State, Osoyoos is Canada’s only living desert. It’s home to award-winning, locally produced wine, sun-ripened fruit, and beautiful Osoyoos Lake. Residents and visitors enjoy hot summers and mild winters, along with activities like swimming, boating, fishing, hiking, biking, year-round golf, and even skiing.

Currently, MLS has 125 two-bed+, one-bath+ homes ranging from $69,000 to $6 million.

[1] According to a forecast by the Toronto-based brokerage firm Royal LePage, a unit of Brookfield Real Estate Services Inc. The average price is expected to fall by 2.8 percent to $531,333.

[2] MLS info is approximate as of June 14-17, 2018.

[3] https://www.discovernelson.com/nelson-bc/amenities/

[4] https://www.discovernelson.com/explore/

[5] https://www.whistler.com/discover/

[6] https://trade.whistler.com/about/stats/

[7] Over 40 km of paved, multi-use trail and boardwalk connecting all of Whistler.

[8] http://www.osoyoos.ca/content/about-osoyoos-1