Fort Nelson was Canada’s 227th most expensive suburb by listed median house price this month.
The $299,450 price tag on the median Fort Nelson home means that it is above the cost of most houses in the country.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
British Columbia has the third most amount of properties available to property investors, with Fort Nelson having 102th most in the province, out of a total of 124.
As one of British Columbia’s many potential real estate investment neighbourhoods, Fort Nelson needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Fort Nelson have stayed pretty much the same which would tend to indicate that demand is steady.