Do you want content like this delivered to your inbox?
Share
Illustration

The snow is flying in Fernie. What does this mean for Real Estate?

Contact Trevor Home Evaluation
Share

Is it a good time to buy or sell?

Trevor Foraie

With over 12 years helping clients buy and sell property in the Calgary area, I have the background and experience learned from working in the city of...

With over 12 years helping clients buy and sell property in the Calgary area, I have the background and experience learned from working in the city of...

Dec 17 3 minutes read

Winter is FINALLY here in the Elk Valley, and we are swinging into our first few weeks of the "season".  The population of our little town (and many of the surrounding areas) will double, traffic will be [relatively] horrendous, and lineups for our favourite restaurants, well... There will be huge lineups. Grocery stores will be out of our favourite ice cream (Happy Cow is always well-stocked, though, don't worry), and you know what, we should be happy about it!


All of these people, whether they be weekend warriors, first-timers to Fernie, or retired/semi-retired folks who "drank the Fernie Kool-Aid" bring an incredible vibrancy and energy to our small town!  Another thing they do... They bolster real estate prices! Now, not everyone would argue that this is a good thing, however, if you are considering selling your home, it's the best scenario possible! We have a limited supply of housing in and around Fernie, and available housing for purchase or even for rent is scarce, whereby driving prices up... It's all supply vs. demand.  As we approach ski season, now is a great time to reach out to chat if you're thinking about selling your Fernie property. The lower to mid-range priced homes are selling very quickly, but if you're upsizing, the good news is that the upper to top end range hasn't kept pace (prices in that range haven't risen as fast), so there's a good selection of homes for you to choose from!


But what about if you're buying?? It really depends on what you're looking for! As I said, the lower to mid range homes are getting sold quickly, but it's not impossible to snag a great home in that range if you're educated on the market, and prepared to act... Not impulsively act, but confidently act. If you're looking at condos, the upper range, or the top end of the pricing spectrum, there IS selection, and at reasonable prices for the value they're offering.


I'm always happy to sit down and discuss the value of your home and/or the available options if you're looking to purchase. The market conditions don't dictate how you should act, but rather it depends on your particular situation and goals!  


Happy skiing everyone! 

-Trevor

We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies. More info

Terms of Use

This website is operated by Fernie Real Estate Company LTD, a Brokerage who is a member of The Canadian Real Estate Association (CREA). The content on this website is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, Fernie Real Estate Company LTD, and CREA.

Copyright

The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, “screen scraping”, “database scraping”, and any other activity intended to collect, store, reorganize or manipulate the content of this website.

Trademarks

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.

Liability and Warranty Disclaimer

The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.

Amendments

Fernie Real Estate Company LTD may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.