Real Estate UpdatesReal Estate UpdatesReal Estate Updates 17 January 2023

January in Real Estate

The Last Month

In Elk Valley Real Estate

Happy New Year!

I hope your 2023 is looking bright!  Mine is off to a great start and I’m excited to share with you the new additions to the market.

My Favorite Listing of the last month is this five bedroom three bathroom masterpiece of a property at the Ski Hill.  The beautifully high ceilings, the front door that makes me think of the Shire, the endless windows, the hot tub and rental suite – and NOT HAVING TO FIND PARKING AT THE SKI HILL?!?!?!?  SOLD to the woman who always says “Next year I’m buying a parking pass so we can just park up top and go skiing without hiking back and finding the kids!” 😉 Listed at $2,495,000.

https://listings.kar.realtor/listing/Fernie-Rural-BC/5395-Highline-Drive/24cmb?u=678841


Best Value – A home that I think is a great value for it’s four bedrooms and it’s age (built in 2020) is 2504a Kestrel Court in Sparwood.  It’s so open and bright and I’m always a sucker for a hot tub (lol).  Listed at $545,000.

https://listings.kar.realtor/listing/Sparwood-BC/2504A-Kestrel-Court/24dft?u=678841


Two lots to share with you – one at Koocanusa and one up Montane.  $199,900 & $369,000 respectively.

https://listings.kar.realtor/listing/Fernie-Rural-BC/Lot-31-Marcer-Road/24f19?u=678841

https://listings.kar.realtor/listing/Fernie-BC/Lot-79-Morrissey-Court/23y4d?u=678841


The Highest Priced Listing on the market in the last month is this three bedroom, four bathroom “Cabin” 😉 at Rosen Lake.  AHHHH-MAZING! The view is to die for – I think I’d be happy with the little bunk house! Let’s go take a look!  Listed at $2,750,000

https://listings.kar.realtor/listing/Fernie-Rural-BC/6776-Rosen-Lake-Rd/2478o?u=678841


I’m changing things up this month – I have been showcasing the “Lowest Priced Listing” new to the market in this place, but instead I’m going to share a few amazing investment opportunities with you.  There are several, and I want to bring a few to your attention.  At the end of November the rules in BC changed – Rental Restrictions on Strata Properties were eliminated.  Interested in learning more about this?  https://canadagazette.gc.ca/rp-pr/p2/2022/2022-12-21/html/sor-dors250-eng.html?fbclid=IwAR0hZqSigKjjpV863g9jj613URHUDoWcJJUIlo2hhWqGvWJK9isOxMXo0Jw

Here they are:

https://listings.kar.realtor/listing/Sparwood-BC/-H97-100-Red-Cedar-Drive/24nbs?u=678841  Listed at $77,000


https://listings.kar.realtor/listing/Elkford-BC/109-501-Elk-Street/247rt?u=678841  Listed at $112,000


https://listings.kar.realtor/listing/Elkford-BC/210-10-Cariboo-Drive/24ni2?u=678841 Listed at $124,900


https://listings.kar.realtor/listing/Sparwood-BC/408-1286-Ponderosa-Drive/24mbm?u=678841 Listed at $135,000


Mariah’s Current Listings

802 4th Avenue, Fernie  $2,000,000

This locally owned Bed & Breakfast has been licensed and successful for thirty years in Fernie and is awaiting its new owners. With spectacular mountain views and a private residence, on site, the possibilities are endless. Move into the carriage house and continue running the Bed & Breakfast out of the main home or move your growing family into the large 5-bedroom, 4.5-bathroom home and rent out the studio above your two-car garage. Boasting a gas fireplace, stained glass windows, A/C units for each bedroom, heated driveway and wrap around veranda, this property is second to none. This iconic property was built and 1909 and housed hospital staff until 1988. The current owners have nurtured and cared for this home since the early 90’s and have overseen many updates over the years, including the newly renovated attic that will serve as an additional suite, or a flex room with its own full bathroom. This one-of-a-kind property is just two blocks from Fernie’s renowned Main Street.

https://listings.kar.realtor/listing/Fernie-BC/802-4th-Avenue/240b4?u=678841


Price Drops!

When you see a drop in price you KNOW the seller is MOTIVATED

Check out the three largest price drops in the last month:

From $665,000 down to $632,000

https://listings.kar.realtor/listing/Sparwood-BC/1305-Wildwood-Drive/20jxl?u=678841


From $549,000 down to $524,900

https://listings.kar.realtor/listing/Fernie-BC/1242-8th-Avenue/2417k?u=678841


From $149,900 down to $138,000

https://listings.kar.realtor/listing/Elkford-BC/102-775-Balmer-Crescent/23k58?u=678841


I wanted to share some beautiful work done by my friend Jessica.  She has made a Facebook Page called Mountain Inspired Creations.  I have an amazing piece she made at my house and I absolutely adore it.  Check her out!

May be an image of macrame        May be an image of jewelry        May be an image of jewelry    May be an image of macrame


Please feel free to reach out with any and all of your Real Estate questions.  If I don’t have the answers I will find them promptly!

250.430.7732

Email:  Mariah@C21Fernie.ca

https://mariahrunions.c21.ca

Stop in: 362 2nd Avenue, Fernie.

Yours in Real Estate,

Mariah Runions

Mariah Runions Agent Photo